Ember: A whale or institution sold off 52,000 ETH over two and a half months, making $24.49 million in profit
According to monitoring by on-chain analyst Ember, a whale or institution sold its final 10,000 ETH about five hours ago, completing its sell-off. The transactions were conducted over the counter (OTC) through Galaxy Digital.
The entity bought and sold a total of 52,000 ETH over two and a half months, making $24.49 million in profit. It built its position from July to September at an average purchase price of $2,161, then completed its sell-off since late September at an average price of $2,632.
These figures reflect the position changes of a single large entity over a specific period. The source has not disclosed the entity’s identity or details of individual trades, nor provided evidence of any actual impact on ETH’s market price. The activity should therefore not be treated directly as a signal of price direction.
Impact and points to watch: This transaction shows a single large entity shifting from concentrated accumulation to a complete sell-off. However, the source has not provided the entity’s identity or specific trade details, or explained the transaction’s actual impact on ETH’s market price.
What to verify next: Watch for whether the entity rebuilds its ETH position.；Look for more on-chain data that could verify the related purchase, sale, and profit details.；Monitor whether similar large OTC transactions continue to occur, but do not use them alone to judge ETH’s price direction.
Source: PANews Chinese-language news brief
Source time: 2026-10-14 08:34 Beijing Time
Risk warning: This article is for informational purposes only and does not constitute investment advice.
According to monitoring by on-chain analyst Ember, a whale or institution sold its final 10,000 ETH about five hours ago, completing its sell-off. The transactions were conducted over the counter (OTC) through Galaxy Digital.
The entity bought and sold a total of 52,000 ETH over two and a half months, making $24.49 million in profit. It built its position from July to September at an average purchase price of $2,161, then completed its sell-off since late September at an average price of $2,632.
These figures reflect the position changes of a single large entity over a specific period. The source has not disclosed the entity’s identity or details of individual trades, nor provided evidence of any actual impact on ETH’s market price. The activity should therefore not be treated directly as a signal of price direction.
Impact and points to watch: This transaction shows a single large entity shifting from concentrated accumulation to a complete sell-off. However, the source has not provided the entity’s identity or specific trade details, or explained the transaction’s actual impact on ETH’s market price.
What to verify next: Watch for whether the entity rebuilds its ETH position.；Look for more on-chain data that could verify the related purchase, sale, and profit details.；Monitor whether similar large OTC transactions continue to occur, but do not use them alone to judge ETH’s price direction.
Source: PANews Chinese-language news brief
Source time: 2026-10-14 08:34 Beijing Time
Risk warning: This article is for informational purposes only and does not constitute investment advice.