PANews reported on December 18 that, according to on-chain analyst @ai_9684xtpa, a whale that bought ETH at the bottom during the last bear market has completed its liquidation in the past two weeks, making a profit of $4.245 million after holding the position for 1,127 days.

Address 0x3f4…35175 purchased 2962.89 ETH at an average price of $1500 between November 17, 2022 and March 12, 2023, spending $4.446 million. After transferring the ETH to address 0x828…59D8b two years ago, it remained inactive until two weeks ago when it finally began selling in batches. Ten hours ago, it sold the last 2040 ETH, almost clearing out its entire holding.