Ethereum Whale Buys 647 ETH for $1.43 Million at $2,211 Average

A large Ethereum holder first sold 7,557 ETH for 16.815 million USDC at an average price of $2,225 per ETH, then later bought 647.137 ETH for about $1.43 million at an average price of $2,211.49. According to the provided data, the same address had previously accumulated 11,004 ETH in 2016 at an average cost of $3.45 and later realized $30.38 million in profit. The wallet still holds 14.19 million USDC, indicating substantial remaining liquidity. The reported activity shows a sizable shift from Ether into stablecoin liquidity followed by a partial re-entry into ETH, though no motive, venue, or execution timing beyond the transactions was provided.

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