A whale that had held assets for 3000 ETH 9 years is suspected of having liquidated its holdings, but transferring assets to a trading platform does not mean they have already been sold.
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🔍 On-chain Detective | An Ethereum OG whale is suspected of having liquidated its holdings, with a holding period of 9 annual returns exceeding 151 times
BlockBeats reports that October 21, according to monitoring by on-chain analyst Aunt Ai (@ai_9684xtpa), an Ethereum whale that had held assets for 9 years OG is suspected of having liquidated its holdings, with a cost basis as low as 18.82 USD, representing a return of 151.7 times.
It 9 years ago withdrew Gemini from 3000 ETH, which was worth only 56400 USD at the time; after holding for years, it did not begin depositing funds into trading platforms in batches until 2025.08, and deposited the final 9 units 1000 hours ago at an average deposit price of 2874.17 USD, and would realize a profit of 8566000 USD Original link https://m.theblockbeats.info/flash/372858
Key points
01
BlockBeats stated that October 21, on-chain analyst Aunt Ai detected an Ethereum whale that had held assets for 9 years OG and is suspected of having liquidated its holdings.
02
The address 9 years ago withdrew assets from Gemini 3000 ETH, which were worth 56400 USD at the time, with a cost basis of 18.82 USD。
03
The address did not begin depositing funds into trading platforms in batches until 2025.08.ETH。
04
The address deposited the final 9 units 1000 hours ago ETH, at an average deposit price of 2874.17 USD。
05
The original report stated that its return reached 151.7 times, and that it would realize a profit of the stated amount if sold. 8566000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report describes a long-term holding address ETH transferring the final 1000 units ETH to a trading platform, leading analysts to interpret it as possible preparation for a full liquidation. Note that “depositing into a trading platform” only indicates that the assets were transferred; the original report does not confirm that a sale was executed; 8566000 USD is also an estimate contingent on “if sold.”
Why it matters to readers
A large amount of ETH entering a trading platform may be watched by the market as a potential sell signal, but the original report does not prove that the address has already sold, so “suspected liquidation” cannot be treated as a completed transaction.
Beginners should distinguish between on-chain observable transfers and actual sales within a trading platform: the former can be monitored, while the latter may not be confirmed from this information.
Risks and unknowns
Whether this address actually belongs to the purported Ethereum OG whale is not independently confirmed in the original report.
Whether the final transferred 1000 ETH has already been sold remains unclear.
The so-called “full liquidation” is only a suspected assessment, not a confirmed fact.
8566000 USD The profit assumes a sale; the actual execution price and actual profit are unknown.
The original report does not specify 151.7 the exact methodology used to calculate the times return rate.
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