The post ETH Ancient Whale Sells 14,000 ETH for $31.92 Million, Profiting $29.07 Million appeared on BitcoinEthereumNews.com.

COINOTAG reports on February 28th that monitoring by @ai_9684xtpa indicates a significant transaction involving an Ethereum whale. This address, identified as 0x035…8dFC7, has reportedly executed the sale of **14,000 ETH** through **Wintermute OTC**, culminating in a notable **valuation of $31.92 million**. This transaction is poised to generate a substantial profit, estimated at **$29.07 million**. Historical data reveals that the whale initially withdrew a total of **35,932 ETH** between September 2016 and December 2018, secured at an average price of **$203.22**. Moreover, this wallet has a history of multiple interactions with Wintermute, reflecting a strategic trading relationship. Investors should monitor similar high-profile trades as they can indicate market trends and potential **liquidity shifts** within the Ethereum ecosystem. Source: https://en.coinotag.com/breakingnews/eth-ancient-whale-sells-14000-eth-for-31-92-million-profiting-29-07-million/

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Filed under: News - @ February 28, 2025 3:26 am