Whale dormant for 7 years sells $1.9M in ETH

A whale address dormant for seven years has sold 1,100 ETH, worth $1.9 million, Onchain Lens reported. The address is estimated to have realized a cumulative profit of $41 million to date. Onchain Lens noted that the whale had previously purchased 27,586 ETH for $5.72 million. The address currently holds 26,486 ETH ($44.86 million) and is continuing to sell through CoWSwap.