Major Investor Liquidates 101,000 ETH Position After Five Years, Realizing $269 Million Profit

A substantial investor or institution fully exited a 101,000 ETH position on January 12, according to a report by EmberCN. The entity had held this Ethereum for five years at an average acquisition cost of $660 per ETH, ultimately realizing a significant profit of $269 million. Approximately four hours prior to the full liquidation, the remaining 26,000 ETH, valued at $80.88 million, were transferred to the Bitstamp exchange. The final portion of the position was liquidated at an average price of $3,313 per ETH, marking a notable long-term investment strategy conclusion.