Large-scale Ethereum movements continue as another whale secures major profits from accumulated holdings, reflecting broader market activity in high-value crypto transactions.
An on-chain analyst reported that a whale deposited 2,585 ETH, worth about $11.32 million, to Binance after four months of accumulation. The ETH had been acquired at $2,316 and was sold at $4,378, generating an 89% return and approximately $5.33 million in profit. This follows another whale’s sale of 3,158.5 ETH for $13.2 million DAI after an eight-month hold, further highlighting the ongoing trend of profitable large-scale Ethereum trades.