Ethereum Whale: 2015 Holder Sells 7507 ETH
An early Ethereum whale who acquired 37000 ETH at $1.5 in 2015 has sold 7507.52 ETH over the past nine hours for an estimated $15.93 million profit, according to on-chain data shared by @ai_9684xtpa.
SourceAnalysis
Ethereum whale 0x8729Dc4831577D8a30E28e264D974745D9A92335, which accumulated 37000 ETH from ShapeShift in August 2015 at roughly $1.50 per token, offloaded 7507.52 ETH in the last nine hours for an estimated $15.93 million profit.
Since September 29 the address has already moved 12163.52 ETH worth $28.54 million to exchanges at an average cost basis of $2346.87, locking in a potential 156358% return if the full position is realized.
Price action on the 4h chart shows ETH at $2122.26 inside the Bollinger Bands with upper resistance at $2310.65 and lower support at $2078.36; the bearish EMA50 at $2235.08 and EMA200 at $2381.11 sit above current levels while MACD prints a death cross at -40.53 and RSI at 34.29 remains neutral, suggesting further downside pressure toward the lower band before any relief bounce.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references