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Large ETH Sale Nets Investor $11.84 Million Profit

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eth sale nets 11m profit
Key Takeaways:
  • Large ETH sale from long-term holding results in significant profit.
  • Prominent market player executes notable blockchain transaction.
  • Event signals ongoing profit-taking trend among ETH holders.
large-eth-sale-nets-investor-11-84-million-profit
Large ETH Sale Nets Investor $11.84 Million Profit

A large investor sold 5,299.5 ETH on August 16, 2025, netting a profit of $11.84 million. The sale, executed over 20 minutes, took advantage of Ethereumโ€™s price surge above $4,000, highlighting opportunistic profit-taking in the crypto market.

Maga

A prominent Ethereum investor sold 5,299.5 ETH on August 16, 2025, generating a substantial profit of $11.84 million.

This transaction signals continued activity in Ethereum markets, reflecting heightened trader and investor engagement.

The investorโ€™s address, identified as 0x90Cโ€ฆ0a24C, executed this sale over 20 minutes, generating $23.6 million in revenue. Accumulating between February and March 2025, the holder initially acquired 9,154 ETH at an average price of $2,218.6.

No commentary from Ethereum leadership or major figures has surfaced. Market data indicates no significant direct disruption, though ETH remains a focal point for traders amid realized profits averaging $553 million daily in August.

This ETH sell-off coincides with strong bullish sentiment among long-term holders and Ethereumโ€™s price peaking above $4,000. Crypto Analyst โ€“ โ€œA single address sold 5,299.5 ETH at an average price of $4,453 over the past 20 minutes, generating approximately $23.6 million in sales. This address, funded by three different addresses, accumulated a position of 9,154 ETH in batches between February and March 2025 at an average price of $2,218.6, generating a profit of approximately $11.84 million.โ€

Sizable transactions like this may influence market dynamics, though on-chain analysis shows no immediate changes to global DeFi TVL or liquidity.

Historical precedent suggests major ETH sell-offs align with market trends or major highs, as similarly witnessed in late 2023 and December 2024. The event underscores ongoing discussions within Ethereumโ€™s developer community regarding network upgrades and market strategy.

As ETH maintains its high market activity, the community anticipates further price movements tied to institutional interests and technical analyses. Future market outcomes may hinge on regulatory positions and Ethereumโ€™s evolving roadmap amidst fluctuating crypto demand.

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