Major ETH Whale Shifts 40,251 Tokens to Exchange After 5-Year Hodl

BoredStaker · 2026-01-15T14:20:26+00:00

A major institutional investor has moved 40,251 ETH to exchanges, realizing $204.9 million in profits after initially acquiring 101,000 ETH at $660 each. They retain 26,000 ETH, indicating a strategy of profit-taking while staying invested.

BoredStaker

2026-01-15 14:20:26

Abstract generation in progress

An institutional investor or whale holding 101,000 ETH has initiated significant movement from its long-term storage wallet. Within the past 24 hours, the address relocated 40,251 ETH to an exchange, with 26,000 ETH of that amount arriving on the platform just one hour ago—equivalent to approximately $124 million in total value.

Massive Profit Realization

This particular holder first accumulated the 101,000 ETH stash from an exchange five years ago at an average entry price of $660. After years of accumulation, the whale has now transferred a cumulative total of 75,200 ETH to exchanges, realizing gains of approximately $204.9 million. The recent transfers were executed at an average price of $3,383 per ETH, significantly above the original cost basis.

What’s Left and What It Means

The whale still maintains 26,000 ETH in its wallet, worth roughly $80.16 million at current market rates. The wallet address (0xCADE…e0F2) now appears to be liquidating a substantial portion of its holdings. With Ethereum trading at $3.37K, this repositioning suggests the holder may be taking profits on at least part of its long-term position, though keeping a considerable reserve intact indicates potential mixed sentiment about near-term price action.

The partial exit after a half-decade of accumulation signals confidence in historical gains while maintaining exposure through retained holdings.

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