ETH whale sells entire position after 1,127 days for $4.5M profit

An Ethereum whale who accumulated a significant position during the 2022 bear market has sold the entirety of their holdings for a profit of $4.5 million, according to on-chain analyst ai_9684xtpa. The address, starting with 0x3f4, had held the position for 1,127 days after acquiring 2,962.89 ETH between Nov. 17, 2022, and March 12, 2023, at an average cost of $1,500 per token. Following a long period of dormancy, the investor began selling the assets in stages over the past two weeks, completing the exit by selling the final 2,040 ETH approximately 10 hours ago.