Whale Sells 35,000 ETH Worth $72.3 Million in Three Days

Whale Sells 35,000 ETH Worth $72.3 Million in Three Days

Onchain Lens reported heavy three-day Ethereum selling, while Lookonchain said an early investor separately bought about 3,942 ETH via a CowSwap limit order after the market decline.

ETH

Summary

Onchain Lens reported that a whale sold 35,000 ETH over three days for $72.3 million, including 15,000 ETH in the last 24 hours for $31.12 million at an average price of $2,066. The earlier leg of that activity involved wallet 0xB4d3 selling 20,000 ETH for about $41.1 million to $41.18 million at an average price of $2,059 within about one hour. Separately, Lookonchain reported that an early Ethereum investor bought about 3,942 ETH through a CowSwap limit order after ETH’s decline. That purchase was reported as either 3,942.3 ETH for $8.15 million at an average price of $2,067 or 3,942 ETH for about $8.08 million at an average price of $2,049. Together, the reports show notable two-way whale activity in Ethereum, with sustained large-holder distribution alongside renewed accumulation by a historically profitable long-term investor.

Terms & Concepts
  • Whale: A large cryptocurrency holder whose transactions can influence market liquidity and sentiment.
  • Limit order: A trading instruction to buy or sell an asset only at a specified price or better, helping traders control execution price.
  • CowSwap: A decentralized trading protocol that routes and matches orders on-chain to seek better execution and reduce certain trading costs.