Four early Ethereum addresses received a total of 37,602 ETH eight years ago, at a price of approximately $830 per ETH, with a total value of about $58.66 million. During the two bull markets in 2021 and 2025, the unrealized profit of these holdings once exceeded $150 million, but the relevant addresses never sold. Lookonchain reported that after eight years of dormancy, these four addresses began concentrated selling today, dumping 33,623 ETH in about four hours at an average price of approximately $1,560 per ETH, with a current cumulative actual profit of about $27.4 million, far below the previous peak floating profit level.

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GateUser-a4680931
· 2h ago
8 years—endured two bull markets and still didn’t manage to exit, and in the end you cut your losses halfway up the mountain; I really admire that mindset.
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Half-SectionedSucculent
· 4h ago
It looks like one person with four wallets, the true diamond hands eventually become paper hands.
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YieldYuki
· 4h ago
150 million unrealized profit turned into 27 million realized profit, a textbook example of the opposite of HODL.
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