ETH Whale Ends 7-Year Hibernation, Cashes Out $39.1 Million in Profits
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address “0x096” — dormant for seven years — sold its entire 27,585 ETH holdings at an average price of $1,625, receiving $44.84 million in USDS and realizing a profit of $39.1 million. The whale originally purchased 27,586.48 ETH for $5.72 million. This sale was executed in batches: it first sold 1,100 ETH on June 23, cashing out $1.9 million.
