Whale Trades $10M in Ethereum: Profits $100K and Rebuys 4,153 ETH Amid Market Rebound
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
According to on-chain analyst Ai Auntie (@ai_9684xtpa), a significant whale transaction was recorded recently, highlighting notable activity in the Ethereum (ETH) market. Approximately 18 hours ago, the investor initiated a $10 million ETH position, which was partially liquidated during the subsequent price rally. The sale involved 3,983 ETH at an average price of $2,535.88, yielding a realized profit of around $100,000, based on an acquisition cost of $2,510.67 per ETH. This move underscores strategic profit-taking amid market volatility.
Further analysis reveals that six hours later, the same entity re-entered the market, acquiring 4,153.84 ETH at an average price of $2,419.48, capitalizing on a market rebound. This position currently holds an unrealized gain of approximately $30,000, reflecting confidence in near-term price recovery. Such transactions by smart money investors are critical indicators for market participants monitoring Ethereum price trends and whale behavior.
