According to on-chain monitor EmberCN, a whale who held ETH for eight years completed a full liquidation of 37,598 ETH today (June 26, 2026), receiving 58.69 million USDS at an average exit price of $1,561. The Ether was originally received eight years ago at ~$829, yielding a profit of $27.53 million (+88%). The two-part sell-off marks one of the largest individual ETH disposals this year and could weigh on ETH's short-term price.
An Ethereum whale that held its stash for over eight years has completely exited its position, according to on-chain analytics platform EmberCN. The address sold its final 20,000 ETH about 30 minutes ago, capping a two‑transaction liquidation of 37,598 ETH for 58.69 million USDS.
Liquidation Details
The whale executed two trades today: an initial batch of ~17,598 ETH followed by the final 20,000 ETH. The weighted average exit price was $1,561 per ETH. The same wallet originally received the tokens at approximately $829 in 2018, translating to a total realized profit of $27.53 million (+88%).
This is one of the largest single‑entity ETH sell‑offs in 2026, and the move may apply downward pressure on ETH's near‑term price. Source: EmberCN (see link below).
Data source: EmberCN on X
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