Ethereum Whale Profits $1.19 Million After Selling 8,328 ETH for $13.44 Million

On April 18th, a notable transaction unfolded in the cryptocurrency market as a prominent whale executed a significant trade involving Ethereum (ETH). This trader, who initially invested $16.29 million for a total of 10,293.78 ETH, opted to liquidate 8,328 ETH at an average price of $1614, generating an impressive $13.44 million in revenue. Notably, this strategic move yielded a profit of $264,000 for the whale within a swift 20-minute window. Over the past week, specifically from April 13th, the whale has capitalized on market fluctuations, accruing a remarkable total profit of $1.195 million from two successful ETH trades. Such large-scale transactions continue to emphasize the volatile nature of the cryptocurrency market, particularly as high-net-worth individuals leverage quick market movements for substantial gains.