Old whale active for 5 years: 400,000 ETH flows into exchanges, with 200 million in profits cashed out

ZkSnarker · 2026-01-10T01:18:14+00:00

A major holder has been gradually transferring their ETH holdings to exchanges after holding for 5 years. Within 24 hours, they transferred out 40,251 ETH, realizing over $200 million in profits. This indicates that long-term holders are gradually cashing out profits, which may impact market liquidity and price trends.

ZkSnarker

2026-01-10 01:18:14

Abstract generation in progress

【CryptoPush】A long-term holder has recently taken new action. This address has been accumulating ETH for 5 years, with an initial purchase cost of only $660 per coin, totaling 101,000 ETH. Now? In the past 24 hours, it transferred 40,251 ETH to exchanges, equivalent to about 124 million RMB, with 26,000 ETH (approximately $80.16 million) transferred just in the last hour, indicating a phased selling approach.

This wallet (0xCADE…e0F2) initially bought ETH from Binance and Bitstamp. So far, 75,200 ETH have been gradually moved into exchanges, with an average transfer price of $3,383, realizing a profit of $204.9 million. However, 26,000 ETH remain in the address, valued at about $80.16 million.

This operational rhythm actually reveals quite a bit—long-term holders are gradually cashing out profits, selling as they go. This will definitely have some impact on market liquidity and price trends, so keep an eye on subsequent transfer movements.

ETH0.24%

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.

11 Likes

Reward
11
8
Repost
Share

Comment

0/400

ProofOfNothing

· 15h ago

Oh no, this guy finally took action. Bought at $660, now it's all just meat... --- 2 billion in profit just cashed out like that? If I were him, I would have run long ago. --- Selling in batches is definitely the move of an experienced trader. Only 26,000 tokens left—he must be holding back tightly. --- Starting to accumulate 5 years ago, now selling—what kind of mental strength does that require? --- Wait, why not just sell everything at once? Is there a reason for splitting it up? --- Looking at this pace, it seems like an adjustment might be coming. Need to observe more. --- The cost of $660 per ETH now just sounds like a joke. I'm so jealous. --- Still holding onto 26,000 tokens without selling—that's the true whale mentality.

View OriginalReply0

WalletInspector

· 18h ago

Wow, this guy is really bold. Bought at 660 and now directly dumping on the exchange. I was wondering why ETH has been under so much pressure lately.

View OriginalReply0

4am_degen

· 18h ago

Oh no, this old whale finally can't sit still. Cashing out 200 million in one go... Definitely need to reduce positions.

View OriginalReply0

LightningHarvester

· 18h ago

Oh no, another big whale is about to sell off, this rhythm... The big brother is really cashing out in batches, a textbook-level retreat. --- Bought ETH at $660, now selling at this price, I want to cry. Early investors are truly winning big. --- Over 40,000 coins transferred into exchanges in 24 hours? This looks like an attempt to dump, be careful of the bagholders. --- $200 million profit, still holding 26,000 coins in the wallet, the old fox knows how to manage risk. --- The people who bought at $660 five years ago are now the happiest, while we retail investors are still just messing around. --- Selling in batches is the real expert move, unlike some who dump all at once to hit the limit down. --- This is what a true long-term holder looks like, finally remembering to take profits.

View OriginalReply0

OnchainHolmes

· 18h ago

Old Whale, with this rhythm, probably sniffed out some trend... --- 200 million in profits and they just run away, I haven't even loaded my gun --- Bought at $660 five years ago, now selling at this price... smart people always know in advance --- Still holding 26,000 without selling, is it fishing or genuine faith? --- This selling speed, $80 million in one hour, can the market hold up? --- Same as stacking ETH, they earned $200 million, while I’m still trapped, tragedy --- Selling in batches? The price might drop next, everyone needs to be careful

View OriginalReply0

rug_connoisseur

· 18h ago

Bro, with this move, you bought in at $660 and are now dumping directly. That's pretty harsh.

View OriginalReply0

MemeCurator

· 18h ago

Oh no, another whale is about to dump? I bought it five years ago at $660, and now it doesn't scare me anymore... Wait, there's still 26,000 coins untouched? Is this pace to keep some chips for further play or to really clear the position? From 660 to now... this return really made me laugh, I need to reflect on myself. Selling in batches, smart... but I'm just worried that the ones picking up the leftovers are the newbies.

View OriginalReply0

SchroedingersFrontrun

· 19h ago

Comment on front-running: The person who bought in at $660 now is selling. I want to see if they will sell all or keep some to hold on.

View OriginalReply0

Trending Topics
View More
#
GateFun马勒戈币Surges1251.09%
26.89K Popularity
#
GateSquareCreatorNewYearIncentives
52.69K Popularity
#
NonfarmPayrollsComing
17.36K Popularity
#
DailyMarketOverview
12.01K Popularity
#
IstheMarketBottoming?
100.03K Popularity

Hot Gate Fun
View More

1
王心凌男孩
王心凌男孩
MC:$0.1Holders:1
0.00%
2
灰太狼
灰太狼
MC:$3.57KHolders:1
0.00%
3
Tony
Tony
MC:$0.1Holders:1
0.00%
4
托尼老师
托尼老师
MC:$3.57KHolders:1
0.00%
5
贝斯崽崽
贝斯崽崽
MC:$3.57KHolders:1
0.00%

Sitemap

Old whale active for 5 years: 400,000 ETH flows into exchanges, with 200 million in profits cashed out

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

王心凌男孩

王心凌男孩

灰太狼

灰太狼

Tony

Tony

托尼老师

托尼老师

贝斯崽崽

贝斯崽崽

Pin

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!

Old whale active for 5 years: 400,000 ETH flows into exchanges, with 200 million in profits cashed out

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

王心凌男孩

王心凌男孩

灰太狼

灰太狼

Tony

Tony

托尼老师

托尼老师

贝斯崽崽

贝斯崽崽

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!