5 years ago, the average price was $660, accumulating 100,000 ETH. The whale just liquidated 26,000 ETH, cashing out $80 million.

PriceOracleFairy · 2026-01-12T00:40:12+00:00

An Ethereum whale accumulated 101,000 ETH at an average price of $660 five years ago. Recently, they transferred the remaining 26,000 ETH (worth $80.88 million) to a major exchange, signaling a complete sell-off. This move has netted them a profit of $269 million, quadrupling their investment. Market dynamics have sparked discussions about their bearish outlook and intention to lock in gains.

PriceOracleFairy

2026-01-12 00:40:12

Abstract generation in progress

【Chain News】On-chain data has just revealed a major scoop. The movement of a whale was just detected—this guy has been bullish on Ethereum for 5 years. When the average price was $660, he accumulated 101,000 ETH and held it for 5 years. Recently, this individual suddenly started to act. Four hours ago, he transferred the remaining 26,000 ETH (worth $80.88 million) all at once to a major exchange, announcing his complete exit.

Let’s do the math: from an average purchase price of $660 to a liquidation at an average of $3,313, this wave of trading directly earned $269 million, a fourfold increase. Holding such a position for so long and still maintaining confidence, or having such patience, most retail investors simply can’t learn. The current question is: is he truly bearish on the market, or is he just taking profits? The market movement has given everyone a new point of observation.

ETH0,54%

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ReverseFOMOguy

· 3h ago

Oh no, another big whale has run away. This pace is getting hard to keep up.

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TrustlessMaximalist

· 3h ago

269 million dollars... That's indeed a remarkable move, but I still think he might just be aiming to lock in profits, not necessarily bearish.

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DefiPlaybook

· 15h ago

Based on on-chain data, the timing of this whale's appearance warrants in-depth analysis. From a building cost of $660 to a liquidation price of $3313, the return on investment reaches 401.67%. However, a more critical indicator is its 5-year holding period—this reflects a high level of confidence in the fundamentals. It is worth noting that large USDC flows to exchanges often indicate a significant shift in market sentiment. It is recommended to monitor subsequent on-chain capital flow data to assess whether systemic risks exist.

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BoredApeResistance

· 15h ago

This guy's mentality is truly unmatched, holding onto it for 5 years without selling... I can't sit still for half a year.

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TestnetNomad

· 15h ago

This guy is really amazing. Holding for 5 years and actually quadrupling the investment. Retail investors like me are far behind. But to be honest, completely clearing out at this point feels a bit risky...

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BrokenYield

· 15h ago

ngl this whale's exit timing feels too clean... 5yr hodl then dumps 26k eth in one go? that's not conviction, that's risk-adjusted return optimization. either they've run the correlation matrix and smelled systemic risk brewing, or they're just taking profits before the next black swan. either way, the leverage ratios in defi are getting spicy rn

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