$ETH OG Continues Selling, Total ETH Disposals Exceed $122M
An Ethereum OG has once again attracted attention after selling another 5,000 ETH, worth approximately $10 million.
So far, the long-term holder has sold:
60,000 ETH worth approximately $122.25 million
9,442 wsETH worth approximately $23.99 million
The average selling price across these transactions is estimated at $2,106 per ETH.
📊 In total, nearly $146 million worth of assets have been realized, making this one of the most notable profit-taking events by an early Ethereum holder in recent months.
👀 While it remains unclear whether this is a portfolio reallocation or a long-term profit-taking strategy, the continued large-scale selling activity is being closely watched by market participants as ETH seeks to regain momentum.
An Ethereum OG has once again attracted attention after selling another 5,000 ETH, worth approximately $10 million.
So far, the long-term holder has sold:
60,000 ETH worth approximately $122.25 million
9,442 wsETH worth approximately $23.99 million
The average selling price across these transactions is estimated at $2,106 per ETH.
📊 In total, nearly $146 million worth of assets have been realized, making this one of the most notable profit-taking events by an early Ethereum holder in recent months.
👀 While it remains unclear whether this is a portfolio reallocation or a long-term profit-taking strategy, the continued large-scale selling activity is being closely watched by market participants as ETH seeks to regain momentum.