A previously inactive whale address has re-emerged after seven years, selling Ethereum (ETH) and realizing significant profits. The address, which initially acquired 27,586.48 ETH for $5.72 million, has recently sold 1,100 ETH through CoWSwap, netting approximately $1.9 million in USDS. This activity has brought the whale's total profits to around $41 million. The address still holds 26,486.48 ETH, valued at approximately $44.86 million, according to on-chain analyst Onchain Lens.
Dormant Whale Sells ETH, Realizes $41 Million Profit
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