Ethereum Whale Sells ETH Bought at $18.80 for 156x
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An early Ethereum holder sold another 1,000 ETH on September 29 for about $2.68 million. That raised the wallet’s total sales to 2,000 ETH, with the remaining 1,000 ETH still held in the wallet. The position was originally built with 3,000 ETH bought at $18.80 eight years ago, and the disposals were described as delivering an estimated 156x return.
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What it means
This affects anyone tracking large Ethereum holders because a long-held wallet reduced its balance again on September 29. The wallet still has 1,000 ETH left, so the address remains active rather than empty.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 45 days ago | Hyperliquid Strategies-Linked Wallet Buys $45.8 Million in HYPE event | 1 actors in common · 4 news media |
| 45 days ago | Bitget Disables Withdrawals For Every Asset After $165 Million Moves To One Address event | 1 actors in common · 2 news media |