Whale offloads 15,765 ETH and 110 WBTC for $44.6M, booking $9.5M profit

AI Market Summary

Lookonchain data showing a whale selling 15,765 ETH and 110 WBTC for $44.6M after accumulating at lower prices highlights active profit-taking and potential near-term supply overhang. The realized $9.5M gain can reinforce risk management behavior among large holders, increasing sensitivity to follow-on flows and liquidity conditions. Focus is on ETH given the larger notional sale and direct spot supply impact.

Impact level

● Medium

Affected assets

ETH/USDT-0.00%

AI Insight · ETH/USDTAI Insight

● Neutral

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Huo Xing Finance, citing Lookonchain tracking, said a whale previously accumulated 79,216 ETH at an average price of $1,777, spending about $141 million, and bought 1,400 WBTC at $63,887 each for roughly $89.44 million. Over the past three days, the same wallet sold 15,765 ETH at $2,281 apiece for around $36 million and disposed of 110 WBTC at $78,235 each for about $8.6 million. The combined sales totaled approximately $44.6 million, generating an estimated profit of $9.5 million.

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