‎On December 8, a major $ETH Ethereum holder identified as the '1011 Insider Whale' reduced their ETH long exposure amidst market fluctuations.

‎

‎According to monitoring by Lookonchain, the whale sold 4,513 ETH, taking profits from their substantial position. Despite this reduction, the address still retains a very large holding of 50,001 ETH$ETH . This remaining stake maintains a significant unrealized profit of $3.4 million. The move is viewed as strategic profit-taking by a sophisticated trader, potentially signaling caution or rebalancing in response to the recent price volatility in the Ethereum market.

‎#ETH

ETH

3,303.86

+6.10%