More than three years, it's hard to imagine this wallet suddenly waking up just to hold stablecoins forever.
An OG ETH whale just woke up after more than 3 years of silence,
Over the past 9 hours, wallet 0x293a received 10,000 $ETH and quickly sold the entire stack for approximately 17.72M USDC, at an average price of around $1,772 per ETH.
Normally, a move like this would look like straightforward profit-taking. But here's : none of the USDC has left the wallet.
The full 17.72M USDC remains parked in the same address, suggesting this may not be a complete exit from the market. The whale could simply be waiting for a better entry, preparing to rotate into another asset, or keeping dry powder ready for future opportunities.
For now, the #ETH is gone, but the cash is still sitting on the sidelines. The next move could be even more interesting than the sale itself.
Address: 0x293a8eb05d46056dbF598De33aAEC8eb052a9b9a

ETHUSDT
Perp
1,679.78
-4.72%

ETH
1,680.43
-4.79%
