A prominent Ethereum whale has once again captured market attention with a strategically timed exit. Data reveals the address sold 10,000 ETH at $3,321 each in the early morning hours, cashing out $33.21 million just before a downward correction, showcasing exceptional market timing.
Strategic Timing Ahead of Market Dip
The sale occurred at 5 AM, and within two hours, ETH began to slide from $3,320 to as low as $3,200. This move highlights a deep understanding of price momentum and macro-level sentiment shifts, avoiding short-term downside exposure.
Trade History and Profit Breakdown
The 10,000 ETH were acquired 11 days earlier at an average price of $3,170, following a failed long position in BTC futures. The shift to ETH proved profitable, with the entire position closed for a $1.51 million gain in just over a week.
- Purchase Time: 11 days ago
- Average Entry: $3,170
- Exit Price: $3,321
- Profit: $1.51 million
- Hold Period: ~11 days
This sequence reflects disciplined risk management and agile decision-making—traits common among elite traders navigating volatile digital asset markets.