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. As a result, the trade continues to show a positive profit margin.
The Ethereum whale’s activity came amid strong market interest and a temporary price surge in ETH. This strategic move also coincided 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. That sale resulted in a 43.2% profit margin, totaling $23.73 million within 25 days. The ETH was sold during a strong upward price movement.
The quick profit and timely exit reflected the whale’s tactical approach to large-scale trading. Market participants noted the precision in trade timing and execution, which reinforced the investor’s image as a seasoned and strategic player.
Large OTC deals typically imply confidence in future market movements. Analysts view such trades as signs of expected upward momentum. The Ethereum whale’s recent activity influences trader sentiment and market behavior.
Ethereum Price Climbs Amid Market Volatility
Ethereum’s price recently touched a three-day high of $2,594 before falling slightly to $2,567. The cryptocurrency has gained 42% over the past month, showcasing strong momentum. Weekly growth stood at 5%, reflecting continued investor interest.
While trading volume rose only 2.7% to $12.69 billion, price stability maintained investor focus. The Ethereum whale’s movement occurred during this period of increased market traction. These trades often indicate accumulation phases before larger market shifts.
