According to on-chain analyst Ai Yi, another large Ethereum holder appears to have sold 4,827 ETH on Binance after building the position days earlier, realizing an estimated $256,000 profit.
According to on-chain analyst Ai Yi, an Ethereum whale likely sold 4,827 ETH worth about $10.14 million on Binance after depositing the tokens to the exchange. The position was reportedly accumulated on April 4 and 5 at an average price of $2,047.53 and exited on April 7 at $2,100.94, resulting in an estimated profit of about $256,000. This adds a new example of large-holder Ethereum movement to centralized exchanges, which often draws attention because it can precede spot sales.