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Crypto Influencer Patricio Worthalter Sells 2,000 ETH for $8.85 Million USDC

Patricio Worthalter’s sale of 2,000 ETH results in a $5.37 million profit, while retaining a significant 41,135 ETH worth $183 million in his wallet.

ETH
USDC

Summary

Patricio Worthalter sold 2,000 ETH for $8.85 million USDC, netting a profit of $5.37 million. Despite this sale, Worthalter holds 41,135 ETH valued at approximately $183 million, maintaining a significant position in the cryptocurrency market.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • USDC (USD Coin): A stablecoin pegged to the US dollar, commonly used for trading and payments in the crypto ecosystem.
  • Onchain Data: Transaction and asset information directly retrieved from a blockchain, providing transparent and verifiable records of cryptocurrency activity.