Ethereum Whale Sells 4,723 ETH for $19.55 Million
- Anonymous whale sells 4,723 ETH for $19.55M.
- Market absorbs large sale effectively.
- Increased new demand drives positive sentiment.
An ancient Ethereum whale has sold 4,723 ETH for $19.55 million on August 9, 2025, after initially acquiring them at $7.7 each.
The sale, conducted by an early adopter, highlights significant profit realization and showcases market resilience amid rising new demand.
An ancient Ethereum whale selling 4,723 ETH at a significant profit, realizing $19.55 million, has caught the market’s attention. These coins, acquired in 2016, exemplify long-term holding benefits and serve as a powerful reminder of early cryptocurrency investment’s potential payoffs.
The whale, anonymous yet well-tracked by on-chain analysts such as Yu Jin and Ember, initially purchased the coins through ShapeShift. Today’s sale did not include involvement from major exchanges or prominent figures in the cryptocurrency community.
The sale highlighted market resilience, with Ethereum showing robust performance despite the large transaction. The digital asset traded above $4,170, signaling market strength and buyer confidence during this highly publicized sale event. According to Glassnode, “In the past few days, the number of first-time buyers of ETH and momentum buyers has significantly increased, indicating that new demand is entering the market, while existing holders are also willing to raise their cost basis and re-engage.”
Financially, ETH maintained stability, further characterized by positive funding rates across exchanges. Analysts noted an increase in both first-time buyers and momentum traders, indicating sustained interest and renewed investment in the cryptocurrency.
Though the sale was significant, ETH’s liquidity and market interest absorbed it efficiently. This milestone points towards a growing maturity in crypto markets, where large-scale transactions can occur without substantial disruption.
Analytical insights suggest increasing mainstream adoption alongside continuous demand, reinforced by historical patterns of large whale sales being smoothly integrated. Community discussions reflect optimism in Ethereum’s resilience and long-term growth potential. Yu Jin remarked, “Monitored that an ancient whale who accumulated 14,945 ETH at a price of $7.7 in 2016, sold 7,808 ETH for $4,005 in December last year… and sold another 4,723 ETH today for $4,141, totaling $50.83 million in realized cash, with 2,414 ETH remaining.”
