Long-term Ethereum Investor Liquidates 4,723 ETH Position Across Two Transactions, Realizing Multi-Million Dollar Gains

According to on-chain monitoring data, a veteran Ethereum holder who accumulated 14,945 ETH at an average entry price of $7.7 approximately nine years ago has been strategically unwinding their position through two significant transactions. This early investor initially accumulated tokens when ETH was trading near the beginning of its market history.

Recent Liquidation Activity

The investor has executed two major sales within the past nine months. In December of the previous year, the holder transferred 7,808 ETH at a price point of $4,005 per token, converting the assets into 31.27 million USDT. More recently, just hours ago, this same address liquidated an additional 4,723 ETH at $4,141 per token, realizing 19.55 million USDT from this transaction alone.

Current Position and Portfolio Status

Following these recent disposals, the investor currently maintains a remaining position of 2,414 ETH, valued at approximately 10.04 million dollars based on recent pricing. This demonstrates a deliberate exit strategy rather than a complete liquidation, suggesting the holder may be maintaining exposure to potential future upside while simultaneously taking profits from their substantial accumulated gains.

Historical Context and Profit Realization

Having acquired these tokens at an average price of just $7.7 per ETH, this investor’s decision to liquidate portions at prices exceeding $4,000 represents an extraordinary return on the original capital deployment. The timing of these sales, spread across multiple months and at varying price points, indicates a measured approach to portfolio management rather than panic selling or reactive trading behavior.