Mysterious Ethereum Whale Nets $1.52M in Unrealized Profits as ETH Price Jumps
Highlights
- An Ethereum whale bought 30,000 ETH for a total of $75.39 million.
- The whale raked in $1.52 million in unrealized profits.
- The investor recently pocketed $23.73 million, a 43.2% gain, from the sale of 30,000 ETH tokens.
In a stunning development, a mysterious Ethereum whale has raked in $1.52 million in unrealized profits with a 30,000 ETH purchase. As reported by Lookonchain earlier today, the savvy trader spent $75.39 million to acquire these 30k ETH tokens through an over-the-counter (OTC) deal. While the purchase was made reportedly at an average price of $2,513 per token, it is now valued at a total of $76.91 million as the ETH price rose to $2,594.
Ethereum Whale Gains $1.52M via 30K ETH Purchase
According to data revealed by Lookonchain, an Ethereum whale has made a massive purchase of 30,000 ETH, spending $75.39. With a significant hike in the ETH price, the whale gained a staggering profit of $1.52 million. Though ETH surged to a three-day high of $2,594, it soon plunged to $2,554.
Significantly, this Ethereum whale has a proven track record of savvy trades, implementing strategic buy-low, sell-high methods. Just four days before, the whale sold 30,000 ETH for $78.63 million, securing a substantial 43.2% gain of $23.73 million in a mere 25 days. While large OTC transactions indicate strong bullish sentiment, this move has been deemed a positive indicator for the ETH price.
Notably, the Ethereum whale’s acquisition of 30k ETH on May 26, 2025, occurred during a period of heightened market volatility. This implies that the investor was positioning for an anticipated bullish surge.
ETH Price Surges 42% in a Month
At press time, ETH is valued at $2,567, marking a marginal 2.54% in a day. At the same time, the ETH price has gained a massive 42% in a month and 5% in a week. Despite these significant price movements and Ethereum whale moves, the traders’ sentiment remains neutral, marked by a negligible 2.7% hike in its trading volume, currently at $12.69 billion.
However, traders and analysts remain optimistic about the ETH price’s potential surge. According to market expert Crypto GEMs, the next target for Ethereum is possibly $3,500. At the same time, analysts like Crypto Fella predict that the cryptocurrency will reach a new all-time high of $5000 this year. As per CoinGape’s Ethereum price prediction, the ETH price will hit a staggering high of $11,340 if Bitcoin surges past $378,000.
- El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset
- Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force
- 99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction
- Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement
- ‘Every Crypto ETF You Can Imagine’: Expert Predicts Flurry of Filings After REX-Osprey’s 21 Applications
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
