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After holding $ETH for 8 years, four Ethereum OG wallets finally started selling
They received 37,602 ETH ($58.66M) back in 2017 at $830
They held through the entire cycle
2021 bull run
2025 run-up
At one point, unrealized gains crossed $150M
They still didn’t move
Until today
Over the past 4 hours, they sold 33,623 ETH ($52.46M) around $1,560
What’s left: a much smaller position, with total profit now down to $27.4M
Think about that for a second
They didn’t exit at peak euphoria
They didn’t exit during mania
They exited after 8 years of waiting… into a completely different market structure