Ethereum Whale Makes $23 Million Profit Amid 49% Rally
According to cryptocurrency analysts firm LookOnChain, a mysterious whale purchased 30,000 Ethereum (ETH) for $54.9 million. The whale purchased the coins when the asset was trading at $1830 on Apr. 27. The whale sold the 30,000 ETH for $78.63 million when the asset hit $2621. The investor made a profit of $23.73 million. The whale had also purchased 600 Bitcoin (BTC) for $56.94 million. The BTC is now worth $66.5 million, making a profit of $9.6 million. Unlike the ETH holdings, the BTC remains unsold. Also Read: Top 3 Cryptocurrencies For Your Weekend Watchlist A mysterious whale bought 30,000 $ETH($54.9M) at $1,830 and 600 $BTC($56.94M) at $94,900 via OTC on Apr 27. 3 hours ago, he sold 30,000 $ETH($78.63M) at $2,621 via OTC, earning $23.73M. His 600 $BTC remains unsold and is now worth $66.5M, up $9.6M.https://t.co/msU8dM7xfM pic.twitter.com/74vhBcBkXO — Lookonchain (@lookonchain) May 22, 2025 Asset Rallies 49.1% Amid Big Whale Purchase Source: Watcher Guru ETH experienced a m...