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A whale sold 2,404 ETH held for over 4 years, worth approximately $7.7 million.

A whale sold 2,404 ETH held for over 4 years, worth approximately $7.7 million.

ForesightNews

ForesightNews2025/11/14 09:42

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Foresight News reported, according to monitoring by Lookonchain, that a whale starting with address 0x0c19 has just sold 2,404 ETH that had been held for over 4 years, worth approximately $7.7 million. This address originally purchased these ETH on August 25, 2021, when the price of ETH was around $3,190. Currently, the price of ETH has fallen back to its cost price.

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Data: 161.98 BTC were transferred out from a certain exchange, routed through an intermediary, and then sent to another anonymous address.

Analyst: No need to be overly concerned about the current market downturn, as it is more about profit-taking than panic selling.

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