Ethereum Whale Offloads $85M ETH, Realizes 810x ROI

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As the Ethereum price crosses $2900 per token, an Ethereum whale has begun to sell off its long-term holdings. The whale holds 398,891 ETH tokens worth $1.14 billion and has recently sold off a small chunk of its holdings. The recent sale of 29,897 ETH tokens for 84.87 million USDC was completed at an average price of $2839. The whale has realized a profit of $84.7 million, an amazing return of 810 times. Currently, the whale holds 368,992 ETH, worth more than $1 billion.