A major holder completed their final liquidation operation 4 hours ago — transferring 26,000 ETH (approximately $80.88 million) into an exchange wallet. As a result, this institution or super retail investor has completely exited the market.



Looking back at this cycle: five years ago, they bought 101,000 ETH at an average price of $660, and recently they fully liquidated their position in batches at around $3,313, realizing a paper profit of $269 million, with a return multiple of nearly 4 times.

This large-scale liquidation has attracted market attention — from $660 to $3,313, although ETH's current price still has room for a pullback, this holder clearly does not intend to gamble on further gains. The move to transfer to an exchange usually indicates a clear intention for the chips (possibly selling or diversifying risk), and the market needs to closely monitor subsequent trading activity.
ETH6,15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SchrodingerAirdropvip
· 6h ago
This guy is really ruthless, pulling out 269 million just like that. Do you really believe in the "lock in the gains" strategy? Top signal? Not necessarily, just afraid of regretting it after next year. Those who dared to get in five years ago have all made money. The key is who will still be around in the next five years. Clearing out and entering the exchange = it's time to sell. This time, they might really make a move. A 4x return and then run—mental toughness is undeniable. I can't do that. Major investors want to exit, small investors are still dreaming—classic story. 269 million yuan. If it were me, I would also cash out.
View OriginalReply0
LiquidityWhisperervip
· 01-12 01:00
Another story of cashing out... earning 269 million and still not satisfied, truly greedy --- 4 times in 5 years, basically betting on the right direction, now are you scared? --- This guy is really smart, takes profits when things look good, while we are still sleepwalking --- 26,000 ETH dumped into the exchange, how many people will have to run away with it? The signal is too obvious --- From $660 to $3313, I was hesitating whether to add more when it was at $2000... --- Just exit if you want, don’t make it seem like the end of the world, someone just won --- The real winner is someone who knows how to walk away completely, this kind of insight beats 99% of people --- Wait, is this hinting at further decline? Or has it already peaked? --- One person clears out, then a group follows to dump, classic leek-cutting tactic --- 269 million dollars... a number I’ll never earn in my lifetime, just gone like that --- Talking about diversification of risk? That’s just panic, afraid it will drop even more next
View OriginalReply0
OnChainSleuthvip
· 01-12 00:58
Another big fish got away, with a 4x return over 5 years, leaving completely unscathed. What a pattern... This guy really has a big gambling spirit, didn't wait for $4000 and just ran? 26,000 ETH flowed into exchanges, now it's just a matter of who dares to take the bait. $269 million in hand, and the key is that this guy really isn't greedy... The clear-out signals that a drop is quite likely later on. But to be fair, those who bought at $660 back then were all geniuses.
View OriginalReply0
AlgoAlchemistvip
· 01-12 00:50
This guy really knows how to pick the right moment... He made 4x profit and just ran away, not greedy for that last bit of meat --- 26,000 coins dumped all at once on the exchange, are they trying to crash the market? I'm honestly a bit scared --- Bought at 660, now selling at 3313... Five years, huh? How long do I have to work to match this return? --- When will it be my turn to have this "free to liquidate" feeling? LOL --- Is it really going to drop? The signal of big players running away is too obvious, haha --- Wait, how come there are 101,000 coins? Is this an institution or some early crazy person? --- 2.69 billion USD... What am I even doing here?
View OriginalReply0
NFTRegretDiaryvip
· 01-12 00:48
Damn, another big whale is fleeing, this time it's a full clearance. Are you satisfied with a 4x gain over 5 years? Or do you really look down on the subsequent market? 26,000 units dumped, what kind of order size is needed to handle that... Smart people should take profits when it's time, but we just haha. Is this wave going to crash again... $269 million just gone, that's too crazy.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)