After Waiting Patiently For 2.5 Years In This Altcoin, The Cryptocurrency Whale Gave Up Today: Missed 1 Million Dollar Profit

According to crypto onchain data, a major crypto whale that has been waiting patiently for a long time appears to have finally given up. Onchain data revealed that a crypto whale, who had been holding onto 450 Ethereum (ETH) worth $730,600 for exactly 2.5 years, sold it today at a low profit rate of $108,000. The whale wallet moved its assets to the cryptocurrency exchange Binance. Interestingly, this crypto whale had exactly three different opportunities to sell his ETH holdings for over $4,000. Instead, the whale chose to wait, potentially missing out on a profit of around $1 million. Related News: Is This The Reason For Bitcoin’s Recent Bullish Surge? Trump Makes ‘Urgent’ Call to Fed Chair Jerome Powell The Ethereum price has been drawing attention with its recent poor performance. The ETH/BTC ratio is at its lowest levels in recent times. However, not all whales are equally bearish on Ethereum. Capital management firm Abraxas Capital withdrew 6,000 ETH worth $9.88 million from cryptocurrency exchange Binance and deposited it into staking protocol Aave, according to onchain data revealed today. *This is not investment advice. Continue Reading: After Waiting Patiently For 2.5 Years In This Altcoin, The Cryptocurrency Whale Gave Up Today: Missed 1 Million Dollar Profit
Original article from bitcoinsistemi
Source: bitcoinsistemi
Published: April 21, 2025