COINOTAG News, reporting on December 8, cites on-chain analyst Ai Yi (@ai_9684xtpa) who tracks a notable ETH whale that previously bought the dip near $3,027 per ETH and is now initiating profit-taking. The move was observed in real-time across on-chain data and addresses tied to the whale.
Over the past two hours, the address cluster sold 2,136 ETH at an average price of $3,066.40, equating to roughly $6.55 million in turnover. The sale realized about $83,000 in profit, while the addresses still hold around 7,290 ETH with an approximate value of $22.61 million at current prices.
With ~7,290 ETH remaining, the whale’s position continues to confer substantial exposure to near-term price dynamics. Market participants will monitor whether this profit-taking sequence signals a broader shift among large holders or a temporary reallocation.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-takes-profits-from-dip-buy-sells-2136-eth-at-3066-avg
