A major Ethereum holder has reduced its holdings by 9,010 ETH, valued at approximately $34.05 million, following a market drop. The entity, which initially accumulated 86,000 ETH at an average price of $3,023 between June and August, began profit-taking on September 15th. Since then, it has transferred a total of 24,020 ETH, worth $103 million, to Binance at an average price of $4,282, realizing a profit of $30.24 million. The whale currently retains 61,981 ETH, valued at $232 million.