Ethereum Whale From 2016 Sells 7,000 ETH via Wintermute; Potential $19.75M Profit as Holdings Stand at ~26,993 ETH Worth ~$81M

COINOTAG News notes, citing on-chain analyst Ai Auntie, that a long-dormant Ethereum holder nicknamed the ‘Ancient Whale’ with a cost basis around $203.22 has been unloading 7,000 ETH over the past month via Wintermute, at an average transfer price near $3,024. If these exits were realized, the gross gain would approximate $19.745 million, according to the analysis.

The latest on-chain signal shows the whale recharged 1,000 ETH into Wintermute about an hour ago, a move valued at roughly $3.01 million. The wallet now holds about 26,992.67 ETH, with a combined market value near $80.99 million.

These moves highlight ongoing ETH liquidity dynamics and the role of Wintermute in facilitating sizable transfers. Traders should monitor further activity for credible risk signals and market depth shifts.