ETH Whale Sells 1,000 ETH Worth $2.61M, Total July Sales Reach $897M
The post ETH Whale Sells 1,000 ETH Worth $2.61M, Total July Sales Reach $897M appeared on BitcoinEthereumNews.com.
According to data from ChainCatcher and insights from on-chain analyst Ai, a prominent Ethereum whale identified as “ETH 1CO 1 million ETH whale” executed a direct sale of 1,000 ETH approximately 8 hours ago. The transaction, valued at around $2.61 million, was executed at a significantly low holding cost of roughly $0.31 per ETH. Since July 2024, this investor has liquidated a substantial portion of their holdings, totaling 358,599.97 ETH, generating an aggregate cash-out exceeding $897 million. Despite these sales, the whale’s wallet retains a balance of 23,619 ETH, currently valued at approximately $61.56 million based on prevailing market prices. This activity highlights notable liquidity movements within the Ethereum ecosystem, reflecting strategic portfolio adjustments by major holders amid evolving market conditions. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/eth-whale-sells-1000-eth-worth-2-61m-total-july-sales-reach-897m/
Filed under: News - @ July 9, 2025 4:17 am