CandleFocus

Ethereum Whale Makes $2.8 Million Profit in 38 Days

The Ethereum address myparagon.eth has sold its remaining 4,802 ETH, worth around $12.56 million, resulting in a profit of approximately $2.8 million. The address originally bought 9,050 ETH for $20.75 million on September 7 and September 9. It then sold all the ETH at an average price of $2,598 per ETH on September 30, October 2, and October 15. This demonstrates the potential for smart trading in cryptocurrencies, as investors who can analyze the market and make timely decisions can profit from price movements. The successful sale has attracted attention in the crypto community due to the timing and market conditions.

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