Mysterious Ethereum Whale Nets $1.52M in Unrealized Profits as ETH Price Jumps
The post Mysterious Ethereum Whale Nets $1.52M in Unrealized Profits as ETH Price Jumps appeared on BitcoinEthereumNews.com. In a stunning development, a mysterious Ethereum whale has raked in $1.52 million in unrealized profits with a 30,000 ETH purchase. As reported by Lookonchain earlier today, the savvy trader spent $75.39 million to acquire these 30k ETH tokens through an over-the-counter (OTC) deal. While the purchase was made reportedly at an average price of $2,513 per token, it is now valued at a total of $76.91 million as the ETH price rose to $2,594. Ethereum Whale Gains $1.52M via 30K ETH Purchase According to data revealed by Lookonchain, an Ethereum whale has made a massive purchase of 30,000 ETH, spending $75.39. With a significant hike in the ETH price, the whale gained a staggering profit of $1.52 million. Though ETH surged to a three-day high of $2,594, it soon plunged to $2,554. Significantly, this Ethereum whale has a proven track record of savvy trades, implementing strategic buy-low, sell-high methods. Just four days before, the whale sold 30,000 ETH for $78.63 million, securing a substantial 43.2% gain of $23.73 million in a mere 25 days. While large OTC transactions indicate strong bullish sentiment, this move has been deemed a positive indicator for the ETH price. Notably, the Ethereum whale’s acquisition of 30k ETH on May 26, 2025, occurred during a period of heightened market volatility. This implies that the investor was positioning for an anticipated bullish surge. ETH Price Surges 42% in a Month At press time, ETH is valued at $2,567, marking a marginal 2.54% in a day. At the same time, the ETH price has gained a massive 42% in a month and 5% in a week. Despite these significant price movements and Ethereum whale moves, the traders’ sentiment remains neutral, marked by a negligible 2.7% hike in its trading volume, currently at $12.69 billion. However, traders and…
The post Mysterious Ethereum Whale Nets $1.52M in Unrealized Profits as ETH Price Jumps appeared on BitcoinEthereumNews.com.
In a stunning development, a mysterious Ethereum whale has raked in $1.52 million in unrealized profits with a 30,000 ETH purchase. As reported by Lookonchain earlier today, the savvy trader spent $75.39 million to acquire these 30k ETH tokens through an over-the-counter (OTC) deal. While the purchase was made reportedly at an average price of $2,513 per token, it is now valued at a total of $76.91 million as the ETH price rose to $2,594. Ethereum Whale Gains $1.52M via 30K ETH Purchase According to data revealed by Lookonchain, an Ethereum whale has made a massive purchase of 30,000 ETH, spending $75.39. With a significant hike in the ETH price, the whale gained a staggering profit of $1.52 million. Though ETH surged to a three-day high of $2,594, it soon plunged to $2,554. Significantly, this Ethereum whale has a proven track record of savvy trades, implementing strategic buy-low, sell-high methods. Just four days before, the whale sold 30,000 ETH for $78.63 million, securing a substantial 43.2% gain of $23.73 million in a mere 25 days. While large OTC transactions indicate strong bullish sentiment, this move has been deemed a positive indicator for the ETH price. Notably, the Ethereum whale’s acquisition of 30k ETH on May 26, 2025, occurred during a period of heightened market volatility. This implies that the investor was positioning for an anticipated bullish surge. ETH Price Surges 42% in a Month At press time, ETH is valued at $2,567, marking a marginal 2.54% in a day. At the same time, the ETH price has gained a massive 42% in a month and 5% in a week. Despite these significant price movements and Ethereum whale moves, the traders’ sentiment remains neutral, marked by a negligible 2.7% hike in its trading volume, currently at $12.69 billion. However, traders and…
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