Ethereum Investor Liquidates Holdings Amid Price Drop

According to PANews, an Ethereum investor recently liquidated their holdings amid a decline in the cryptocurrency's price. The investor, identified by the address 0x2ab...3727e, sold 1,500 ETH, which were purchased at an average price of $2,182 at the end of 2023. The current value of these holdings is approximately $3.71 million. The sale price was $2,480, resulting in a profit of $446,000 if all the ETH were sold. Over the past seven days, the price of ETH has decreased by 6.39%. At its peak this year, the value of these 1,500 ETH had an unrealized gain of $2.82 million.