An on-chain analyst reported a whale profited $5.33 million from ETH trades, liquidating 2,585 ETH worth over $11 million, signaling potential market impact.
An on-chain analyst tracked a crypto whale who earned $5.33 million in profit by purchasing Ethereum at $2,316 and selling at $4,378. The whale liquidated 2,585 ETH valued at approximately $11.32 million, realizing an 89% return over four months. This sizable sell-off highlights potential market pressure from large-scale trades.