Ethereum Whale Sells 5,299.5 ETH, Gains $11.84 Million
- Large ETH sale by unidentified owner triggers market interest.
- Sale totaled $23.6 million, profit $11.84 million.
- Short-term ETH price volatility expected post-sale.
An Ethereum holder sold 5,299.5 ETH at an average price of $4,453, pocketing an $11.84 million profit after a 20-minute transaction spree.
The significant ETH sale, flagged by analyst Ai Yi, suggests potential market shifts, as large-scale transactions can temporarily influence price volatility and exchange liquidity.
An address identified as 0x90C…0a24C recently sold 5,299.5 ETH in a single transaction. The average selling price reached $4,453. This trade resulted in a profit of $11.84 million after holding ETH for over six months. The unidentified wallet was involved in these transactions, amassing ETH at an average purchase price of $2,218.6. Crypto analyst Ai Yi was the first to report the activity, highlighting the significant gains involved. Ai Yi commented, “A single address sold 5,299.5 ETH at an average price of $4,453 over the past 20 minutes, generating approximately $23.6 million in sales. This address accumulated 9,154 ETH between Feb and Mar 2025 at $2,218.6 average cost, for a profit of ~$11.84 million.” source
Immediate reactions from the market show increased interest in ETH liquidity. The sale represents approximately $23.6 million in ETH trade volume. Analysts foresee potential short-term volatility in ETH’s spot price due to this heavy trade. Financially, such large transactions often hint at a temporary increase in liquidity. Market observers track how sales may affect Ethereum’s future price stability. Large individual sales have been known to cause brief, yet noticeable, market shifts.
Large ETH transactions usually cause market vigilance regarding potential price changes. Similar past events link whale activities to subsequent price fluctuations, leading to cautious community outlooks. Historical data shows that such massive sales often coincide with price corrections. While the regulatory landscape remains unaffected, continued monitoring of whale actions is crucial for gauging potential market volatility. Market analysts continue to assess on-chain patterns.
