Lookonchain data, reported by COINOTAG on June 10, highlights a significant transaction involving a major Ethereum (ETH) whale. As the ETH price rallied, this investor liquidated 30,000 ETH tokens, initially purchased via an over-the-counter (OTC) deal just two weeks prior for $75.39 million. The timely sale, executed within the last 20 minutes, resulted in a realized gain of approximately $7.3 million. This move underscores the strategic profit-taking behavior amid volatile market conditions and reflects the ongoing active participation of large holders in the cryptocurrency market. Such transactions are critical indicators for market analysts tracking liquidity flows and investor sentiment in the Ethereum ecosystem.
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