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Bear market bottom-fishing whale liquidates ETH after two years, taking home $4.24 million profit
【ChainWen】Recently, something interesting happened—a large holder who heavily bought ETH during the bear market has finally stopped in this round of the market.
According to on-chain data tracking, this whale bought nearly 3000 ETH in batches between November 2022 and March 2023, at an average price of $1500, with a total investment of $4.446 million. After purchasing, he stayed in the wallet and did not move for a full 1127 days.
The turning point occurred two weeks ago—he suddenly started selling in batches. From small tests to large-scale liquidation, he finally sold the last 2040 ETH 10 hours ago, essentially fully exiting his position. The final ledger shows: principal of $4.446 million, profit of $4.245 million, with a total profit rate exceeding 95%.
This case is quite typical: choosing the right timing, holding the bottom, and acting decisively. Those who dare to increase their positions during a bear market can indeed profit in the next cycle.