Ethereum Whales Inactive for 8 Years Sell 33,623 ETH Today, Realize $27.4M Profit

According to Lookonchain, four Ethereum wallets that had been inactive for approximately eight years became active today and sold a combined 33,623 ETH in the last four hours at an average price of $1,560 per token. The total sale value reached approximately $52.46 million, with investors realizing roughly $27.4 million in profits.

These investors originally purchased 37,602 ETH in 2018 at approximately $830 per token, with a total investment of $31.16 million. Despite their holdings exceeding $150 million in unrealized gains during Ethereum's bull markets in 2021 and 2025, the investors maintained their positions until today's selloff.