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Ethereum Whale Scores 67% Gain, Sells $9.29M in ETH

Coin WorldSunday, May 11, 2025 8:22 am ET

1min read

An Ethereum whale recently made a significant move in the cryptocurrency market. On April 7th, the whale acquired 3,715.5 ETH, valued at approximately $5.5 million, at a price of $1,493.5 per ETH. This purchase was made using Hyperliquid’s 50x leverage, showcasing the whale's confidence in the potential growth of Ethereum. The whale remained inactive for an extended period, waiting for the right moment to capitalize on the market's bullish momentum.

Just recently, the investor decided to take profit, selling 3,724 ETH for about $9.29 million. This transaction resulted in a profit of $3.747 million, representing a 67% return on investment. The whale's strategic timing and leverage usage highlight the potential for significant gains in the volatile cryptocurrency market. This move underscores the importance of informed trading strategies and the ability to capitalize on market trends for substantial financial rewards.

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