The post Ethereum Whale Drains 7,654 ETH Worth $21.6M, Realizes $4M Profit in Latest ETH Sell-Off appeared on BitcoinEthereumNews.com.

COINOTAG News, citing LookIntoChain on December 18, documented a high‑impact move by a whale address (0xc8D4). Within one hour, the wallet drained 7,654 ETH across three accounts, translating to about $21.6 million and locking in roughly $4 million in realized gains. The pattern highlights ongoing liquidity migrations among substantial holders in the ETH ecosystem. The same address began by accumulating 12,906 ETH in May 2018 at a local bottom and has since realized profits by selling into rallies, reflecting a documented strategy among large holders within Ethereum markets. Over the last three years, this account has generated more than $15 million in ETH trading profits, underscoring notable profitability in Ethereum trading, despite market swings. Source: https://en.coinotag.com/breakingnews/ethereum-whale-drains-7654-eth-worth-21-6m-realizes-4m-profit-in-latest-eth-sell-off

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Filed under: News - @ December 18, 2025 6:28 am