According to on-chain data, a long-term investor holding Ethereum (ETH) has recently conducted a large-scale sell-off of their holdings. This investor purchased 14,945 ETH through the ShapeShift platform in 2016, when the price of each ETH was only $7.7, with a total investment of approximately $115,000.



After 9 years, this investor's patience finally paid off. In December 2024, he made his first move, selling 7,808 ETH at a price of $4,005 each, earning approximately $31.27 million in USDT.

What is even more striking is that just a few hours ago, this investor took action again, selling 4,723 ETH at a price of $4,141 each. The prices of both transactions broke through the $4,000 mark, demonstrating the strong performance of the Ethereum market.

This series of operations not only reflects the enormous potential of the cryptocurrency market but also highlights the importance of long-term holding strategies in digital asset investments. From an initial investment of $115,000 to trades now reaching tens of millions of dollars, this investor's return on investment is undoubtedly astonishing.

However, we should also note that the high returns in the cryptocurrency market often come with high risks. Investors need to fully consider factors such as market volatility and changes in regulatory policies when engaging in similar operations and ensure proper risk management.

With the continuous development and upgrading of the Ethereum network, its applications in decentralized finance (DeFi), non-fungible tokens (NFTs), and other fields are becoming increasingly widespread, and the future development prospects remain promising. However, at the same time, the uncertainty in the market is also reminding investors to remain cautious and rational.
ETH8.32%
DEFI-3.19%
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CryptoDouble-O-Sevenvip
· 08-09 22:54
9 years waiting for a pro in the crypto world
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defi_detectivevip
· 08-09 09:51
Nine years diamond hand bull!
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MidsommarWalletvip
· 08-09 09:51
So envious, really made a fortune.
View OriginalReply0
JustAnotherWalletvip
· 08-09 09:45
Retail investors still want to buy the dip.
View OriginalReply0
LiquidityHuntervip
· 08-09 09:31
For him, waiting for 9 years is just a zero-cost easy profit.
View OriginalReply0
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