TLDR
- An Ethereum Whale purchased 30,000 ETH through an OTC deal worth $75.39 million.
- The ETH price rose to $2,594, increasing the whale’s holdings to $76.91 million.
- This resulted in an unrealized profit of $1.52 million for the Ethereum Whale.
- The whale had previously sold 30,000 ETH for $78.63 million and gained $23.73 million in just 25 days.
- The whale’s recent purchase came during high market volatility and rising prices.
A mysterious Ethereum whale has seen $1.52 million in unrealized profits after acquiring 30,000 ETH through an OTC deal. The large-scale purchase occurred when Ethereum was priced at an average of $2,513 per token. As the ETH price climbed to $2,594, the total value of the holdings surged to $76.91 million.
Ethereum Whale Gains $1.52 Million After Strategic ETH Purchase
The Ethereum whale spent $75.39 million in a single OTC transaction to secure 30,000 ETH tokens. This move happened during increased market volatility, suggesting strategic timing. With ETH climbing shortly after, the unrealized profit stood at $1.52 million.
Despite a minor pullback to $2,554, the Ethereum Whale remained profitable. The whale’s average buy price remained below the current market value, ensuring a continued profit margin. The whale’s activity came amid strong market interest and a temporary price surge in ETH, aligning with a broader bullish trend observed in the market.
What a smart whale!
Before the price jumped, the mysterious whale spent another $75.39M to buy 30,000 $ETH ($76.91M now) at $2,513 through OTC — now sitting on an unrealized profit of $1.52M.
Previously, he has made $23.73M on $ETH by buying low and selling high.… pic.twitter.com/jSdqsUHFqc
— Lookonchain (@lookonchain) May 26, 2025
Previous Trade Secured $23.73 Million in Realized Gains
Four days before the recent acquisition, the Ethereum whale sold 30,000 ETH for $78.63 million, resulting in a remarkable 43.2% profit margin, totaling $23.73 million within 25 days. This sale happened during a robust upward price movement, showcasing the whale’s strategic acumen in timing trades effectively.
The swift profit from the previous sale illustrated the whale’s tactical approach to large-scale trading. Market participants noted the precision in timing and execution, reinforcing the reputation of this investor as a seasoned player in the Ethereum landscape. Large OTC deals typically reflect confidence in anticipated market movements, and this whale’s activities certainly seem to influence trader sentiment significantly.
Ethereum Price Climbs Amid Market Volatility
The recent price action of Ethereum has been noteworthy, as it recently touched a three-day high of $2,594 before a slight fallback to $2,567. Over the past month, Ethereum has experienced a noteworthy 42% gain, indicative of its robust momentum. Weekly growth reflected a modest increase of 5%, maintaining investor interest amidst fluctuating market conditions.
Although trading volume saw only a 2.7% rise to $12.69 billion, the price stability has kept focus on investor activity. The latest movement from the Ethereum whale occurred during this period of increased market traction, often colloquially referred to as an accumulation phase, indicating potential larger market shifts ahead.
