Ethereum Whale Secures $323,000 Profit, Sells 10,293.78 ETH at 1.613.84

Generated by AI AgentCoin World
Sunday, Apr 20, 2025 6:36 am ET1min read

A significant Ethereum whale trader has recently completed the sale of 10,293.78 ETH, which was previously purchased. This move follows a series of strategic trades that have yielded substantial profits for the whale. On April 18, 2025, the whale initially invested $16.29 million to acquire the 10,293.78 ETH at an average price of $1,582.55. The whale then strategically sold 8,328 ETH at an average price of $1,613.84, resulting in a profit of $323,000 within just 20 minutes. This sale was part of a broader trading strategy that has seen the whale execute two successful swing trades since April 13, 2025, accumulating a total profit of $1.254 million.

The whale's trading activities have drawn significant attention due to the large volume of ETH moved and the considerable profits realized within a short period. The sell-off of 8,328 ETH at an average price of $1,613.84 on April 20, 2025, likely exerted downward pressure on the ETH market. This sudden increase in volume suggests heightened market activity and potential volatility. The whale's profit-taking could signal to other traders that a correction might be imminent, leading to increased selling pressure across multiple trading pairs.

The whale's decision to completely liquidate the previously purchased 10,293.78 ETH at a selling price of $1,613.84 indicates a strategic move to secure profits. The average entry price of $1,582.55 for the 10,293.78 ETH resulted in a total profit of $323,000 for this round of trading. This move is part of a broader strategy that has seen the whale accumulate a cumulative profit of $1.254 million from two swing trades since April 13, 2025. The whale's actions highlight the potential for significant gains in the Ethereum market through strategic trading and timely execution.