Whale Sells Over 5,500 ETH Worth $20 Million After Accumulating Since Late 2024

On July 26, blockchain analyst Ai Yi (@ai_9684xtpa) identified two Ethereum addresses, likely controlled by the same entity, that liquidated a total of 3,810.76 ETH within a 10-hour window, generating proceeds of approximately $13.92 million. The seller realized an estimated profit margin of $2.693 million based on acquisition costs. These wallets had strategically accumulated ETH from October 2024 through June 2025, with average purchase prices of $2,940 and $2,977 respectively. Since initiating sales yesterday, the addresses have offloaded a cumulative 5,540.76 ETH to various trading platforms, equating to roughly $20.09 million. This pattern of phased selling highlights a calculated exit strategy amid current market conditions, reflecting prudent portfolio management by significant holders within the Ethereum ecosystem.