A major cryptocurrency whale has completed the liquidation of 26,000 ETH on the Bitstamp exchange, finalizing a total profit of $269 million. The whale, who accumulated 101,000 ETH five years ago at an average cost of $660 per ETH, sold the entire holding at an average price of $3,313. This strategic move resulted in a fourfold return on investment, according to on-chain analyst Yu Jin.
Whale Liquidates 26,000 ETH, Realizes $269 Million Profit
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