Patricio Worthalter Conducts Major 2,000 ETH Liquidation in Transaction Generating Millions of Dollars

According to reports from Onchain Lens, as reported by Jinse Finance, investor Patricio Worthalter executed a significant sell operation after holding his position for two years. The move involved liquidating 2,000 ETH at a price of $4,423 each, converting these assets into $8.85 million in stablecoin USDC.

Details of the liquidation operation

The transaction made by Patricio Worthalter marked an important point in the diversification strategy of his holdings. By swapping his Ethereum position for USDC, the investor chose to convert unrealized gains into stable liquidity. The total volume moved was approximately $8.85 million in market value, with each ETH liquidated at the price of $4,423, which was the trading level at the time of the operation.

Gains from the sale

The profit generated from this liquidation reached $5.37 million. This figure reflects the significant appreciation his original position experienced during the two-year holding period, demonstrating both the asset’s performance and Patricio Worthalter’s precise timing in executing the trade at that price level. It is worth noting that the current ETH price ($2,280) is considerably lower than the sale price recorded in the operation.

Current portfolio composition

Despite this major sale, Patricio Worthalter still maintains substantial exposure to Ethereum. His remaining position of 41,135 ETH is currently valued at $183.27 million, based on historical purchase prices. This indicates that the investor continues to be a major holder of the network, although with a risk management strategy that includes partial diversification through stablecoins.