Ethereum whale transactions again show high profits, with a single trade earning $1,039,000

A large Ethereum whale with significant holdings has recently demonstrated market acumen once again. According to on-chain data tracking platform NS3, this major holder recently closed a position of 10,000 stETH, successfully securing a profit of $1.039 million. This transaction further increased the whale’s overall profit.

Long-term Operations by Major Holder, Total Profits Approaching $100 Million

This whale began accumulating Ethereum assets on January 12, employing a long-term holding strategy. Prior to this sale of stETH, the trader had already realized a profit of $98.18 million. After this profit-taking, their total realized gains have reached $99.22 million, nearing the $100 million milestone. This performance fully demonstrates the whale’s professionalism in market timing—taking partial profits at the right moments.

Massive Position Size, Unrealized Gains of Up to $7.24 Million

Even more noteworthy is that this whale’s position size remains substantial. According to data, the trader still holds over 60,000 ETH, with unrealized gains of $7.243 million on these open positions. Such a large holding indicates that the whale remains optimistic about Ethereum’s future trajectory and has not reduced their allocation to the asset. Instead, they are selectively taking profits to optimize their position structure.