A giant whale address reduced its position by 10,000 ETH for an estimated profit of $18.52 million

A giant whale that opened a position of 96,638.9 ETH at an average price of $1,567 in August/September 2022 has reduced its position by 10,000 ETH (approximately $34.2 million) five minutes ago for an estimated profit of $18.52 million, according to on-chain data analyst @ai_9684xtpa.

The giant whale is suspected to have sold 40,000 ETH in the last five months for a cumulative profit of approximately $73.63 million. It currently holds 56,639 tokens worth $193 million.