An Ether whale who had held 10,000 Ether for the last 900 days has sold their entire stash and missed out on a peak profit of $27.6 million when the cryptocurrency was worth over $4,000.
The whale initially bought a total of 10,000 Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” rel=”null” target=”null” text=”null” title=”null”>ETH) across two transactions in October and November 2022 for $13 million at the time for an average price of $1,295 per token, data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/how-does-blockchain-work-everything-there-is-to-know” rel=”null” target=”null” text=”null” title=”null”>blockchain analytics service Lookonchain data-ct-non-breakable=”null” href=”https://x.com/lookonchain/status/1909604196787405078″ rel=”null” target=”null” text=”null” title=”null”>said in an April 8 X post.
“He didn’t sell when Ether broke through $4,000. But today, he exited with a $2.75 million profit. The profit at the…

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