A whale on Ethereum with an 8-year on-chain history dumped 17,598 ETH in the past hour, receiving 27.25M USDS at an average selling price of about $1,548; these ETH had a cost basis of around $829, resulting in a paper profit of about $12.65 million. This sale accounts for approximately 46.8% of its original holdings of 37,602 ETH, not a full liquidation but a planned profit-taking reduction.

ETH0.51%
USDS0.02%
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