Ethereum Whale Fully Exits 10,501 ETH Position for $3.7 Million Profit

On-chain analyst EmberCN tracked an Ethereum whale that fully exited a 10,501 ETH position after holding for roughly one month. The address, beginning with 0x4ce, deposited the entire stake to Binance in two transactions on Aug. 20, sending 5,250 ETH each at 3:25 a.m. UTC and 2:36 p.m. UTC. Shortly afterward, the whale withdrew a matching amount of USDC, a pattern typically indicating a sale. The position was acquired on July 21 at an average entry price of $1,904, initially worth about $20 million. The exit is estimated to have generated roughly $3.7 million in profit, or about 18 percent. This selective whale profit-taking reflects ongoing volatility in the Ethereum market amid recent price recovery.

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