Ethereum Whale Begins Profit-Taking
Tracking data shows a major Ethereum holder has started reducing positions after accumulating 105,000 ETH. In the past 24 hours alone, they cashed out 28,000 ETH at an average price of $2,094.02, securing $1.26M in realized profits.
Position Analysis
- Current holdings: 32,000 ETH
- Unrealized gains: $1.19M
- Market value: $160M portfolio
Strategic Exit Plan
The whale has placed limit sell orders for 3,000 ETH at price points between $2,100 and $2,110. With combined positions across two wallets, the trader maintains exposure to 77,000 ETH while selectively harvesting profits during this market rally.