admin 
Cryptocurrency whales have been on a buying spree lately, particularly with Ethereum (ETH). According to data from on-chain analytics platform Lookonchain, a whale made another significant ETH purchase on May 28th.
The Big Whale is Back in Action!
This whale has a history of making large ETH purchases. Between October 2nd, 2018, and November 13th, 2022, they accumulated 35,176 ETH, worth $15 million at the time, at a price of $428 per ETH.
However, on October 20th, 2023, they sold all of their ETH for $1,610 each, netting a profit of $41.6 million. Despite this seemingly profitable move, the price of ETH surged to $4 shortly after the sale, marking the beginning of a new bull run.
Had the Whale Held…
If the whale had held onto their 2018 ETH purchases, they would currently be sitting on a staggering $122 million profit.