Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

SEC May Soon Grant Highly-Awaited Approval for Bitcoin and Ethereum ETFs! “Positive Developments!” Bloomberg Analyst Explains

24/07/2025

Goldman Sachs CEO Champions Digital Assets in Financing

24/07/2025

What Is Pump.fun? The Solana Meme Coin Factory

24/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin at Least 10X Undervalued, S2F Creator PlanB Claims

    23/07/2025

    Bitcoin rally faces retail exit from U.S. and Korean markets, but whales double down: Analysis

    23/07/2025

    Short-Term Rally Holds Above $119K With Bullish Momentum

    23/07/2025

    Bitcoin (BTC) Price Prediction for July 23

    23/07/2025

    SEC May Soon Grant Highly-Awaited Approval for Bitcoin and Ethereum ETFs! “Positive Developments!” Bloomberg Analyst Explains

    24/07/2025

    Institutional Demand Shifts to Ethereum! U.S. President Donald Trump-Linked Enterprise Purchases Large Ethereum! Details Here

    23/07/2025

    Trump Linked WLF Adds 10K ETH in 6 Days

    23/07/2025

    Skycorp Solar Stock Surges 8.39% After Announcing Ethereum Investment Plans

    23/07/2025

    What Is Pump.fun? The Solana Meme Coin Factory

    24/07/2025

    Decentralized Hedge Fund Platform Numerai Announces Large Purchase of Its Native Token! Here Are the Details

    23/07/2025

    Over $27 Million in Insider Tokens Set to Unlock Between July 21–27

    23/07/2025

    Sonic Labs Token Soars After New AI Tool Hits the Market

    23/07/2025

    Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

    23/07/2025

    How GameSquare is monetizing a $38m Ether treasury with NFTs

    23/07/2025

    Pudgy Penguins CEO predicts NFT mania, crypto gaming comeback

    22/07/2025

    CryptoPunks Lead as NFT Trading Volume Rebounds on Solana and Ethereum

    22/07/2025

    SEC May Soon Grant Highly-Awaited Approval for Bitcoin and Ethereum ETFs! “Positive Developments!” Bloomberg Analyst Explains

    24/07/2025

    Goldman Sachs CEO Champions Digital Assets in Financing

    24/07/2025

    What Is Pump.fun? The Solana Meme Coin Factory

    24/07/2025

    The case for how crypto can Stop Killing Games

    24/07/2025
  • Blockchain

    Helios Blockchain Partners ZNS Connect to Launch Web3 Naming on Testnet

    23/07/2025

    Ethereum Dominates DeFi, Solana, Bitcoin, BSC, Tron, and Others among Top 10 

    23/07/2025

    Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody’s

    23/07/2025

    Merlin Chain Unleashes Bitcoin’s Ultimate Potential with 2.0 Upgrade

    23/07/2025

    Mind AI Integrates Omnia Protocol’s DePIN for Trustless, Private, and Decentralized AI Intelligence in Web3

    23/07/2025
  • DeFi

    zkBTC bridge mainnet goes live, unlocking Bitcoin cross-chain liquidity

    23/07/2025

    Liquid Collective TVL Surges Above $1.3 Billion After Solana Expansion

    23/07/2025

    TVL and Bitcoin at their peak

    23/07/2025

    USDT Rates Spike on Aave After HTX-Linked Addresses Withdraw Liquidity

    23/07/2025

    Alteri Launches $30M Tokenized Bitcoin Mining Fund via Chintai Blockchain

    23/07/2025
  • Metaverse

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025
  • Regulation

    Goldman Sachs CEO Champions Digital Assets in Financing

    24/07/2025

    Trump Media Group registers two AI trademarks for the Truth Social platform

    23/07/2025

    Senator Warren Warns Crypto Could Destroy U.S. Economy

    23/07/2025

    South Korea’s Crypto Giant Unveils Bold Trademark Play

    23/07/2025

    B2C2 Seeks $200M to Expand Crypto Market-Making and Reduce SBI’s 90% Ownership

    23/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers

    23/07/2025

    Polymarket Eyes US Return via $112 Million Crypto Exchange Acquisition

    23/07/2025

    Abu Dhabi’s ADJD to use crypto payments for legal fees

    22/07/2025

    Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe

    22/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    The case for how crypto can Stop Killing Games

    24/07/2025

    FLOKI hints at $75k prize pool, ignites opBNB’s first tournament

    23/07/2025

    Elderglade’s Cross-Chain Gaming Bridge is Live, Going Cross-Game and Cross-Chain with LINEUP Games Partnership

    23/07/2025

    GaFin Partners with Play Off The Grid to Deliver Cyberpunk Thrills on Streamify

    22/07/2025

    Galaxy Positioned to Capture Favorable Regulatory Upside, Jefferies Says as It Initiates With Buy

    23/07/2025

    Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program

    22/07/2025

    Bitcoin miner Mawson ousts CEO amid fraud allegations

    22/07/2025

    Russian government readies tougher rules for miners

    20/07/2025

    GOP Rep. French Hill says GENIUS, CLARITY, and Anti-CBDC acts have enough votes to advance

    22/07/2025

    Crypto Week in Congress Nearly Goes Off the Rails

    22/07/2025

    Rep. Josh Gottheimer says Democrats are giving good feedback on GENIUS and Clarity acts

    22/07/2025

    The Gugnin case reveals $530 million laundered with USDT

    22/07/2025

    SEC May Soon Grant Highly-Awaited Approval for Bitcoin and Ethereum ETFs! “Positive Developments!” Bloomberg Analyst Explains

    24/07/2025

    Goldman Sachs CEO Champions Digital Assets in Financing

    24/07/2025

    What Is Pump.fun? The Solana Meme Coin Factory

    24/07/2025

    The case for how crypto can Stop Killing Games

    24/07/2025
  • MarketCap
NBTC News
Home»Ethereum»Ethereum Whale Makes $2.8 Million Profit in 38 Days
Ethereum

Ethereum Whale Makes $2.8 Million Profit in 38 Days

NBTCBy NBTC18/10/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The Ethereum address myparagon.eth has made a significant profit by selling a large amount of Ethereum ($ETH). A recent report from Lookonchain reveals that the address sold its remaining 4,802 ETH, worth around $12.56 million, just a few hours ago. The sale generated an approximate profit of $2.8 million in 38 days of sale.

myparagon.eth sold all the remaining 4,802 $ETH($12.56M) 40 mins ago, making a profit of ~$2.8M in 38 days!

He bought 9,050 $ETH($20.75M) at ~$2,293 on Sept 7 and Sept 9.

Then he sold all $ETH at ~$2,598 on Sept 30, Oct 2, and Oct 15, making ~$2.8M.https://t.co/XFRkut6fb4 pic.twitter.com/jfBt8h8d0Q

— Lookonchain (@lookonchain) October 15, 2024

Ethereum Whale Earns $2.8M Selling 4,802 ETH at $2,598

The journey started on the 07th of September and the 09th of September when myparagon.eth bought 9,050 ETH for $20,750,000. At that time, Ethereum was trading at $2,293 for each ETH. It was this strategic acquisition that created the scenario for the later, profitable release.

On September 30, October 2, and October 15, the address dumped all Ethereum at an average price of $2,598 per ETH. The price hike from the buying point benefited the seller to an extent of pocketing about $2.8 million.

ETH Sale Highlights Growing Trend of Smart Cryptocurrency Trading

This action proves that smart trading in cryptocurrencies is on the rise especially for those investors who can analyze the market situation and make prompt buy and sell choices. The sale of these 4,802 ETH has raised eyebrows in the crypto square due to the time and market movement during the period in question.

Recent price movements have been witnessed in Ethereum price but this transaction, reported by Lookonchain, illustrates how investors can make profit from these oscillations. The sale is proved to be a successful trading strategy in a volatile market, as the company has bought it more than 20% in less than a month.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

SEC May Soon Grant Highly-Awaited Approval for Bitcoin and Ethereum ETFs! “Positive Developments!” Bloomberg Analyst Explains

24/07/2025

Institutional Demand Shifts to Ethereum! U.S. President Donald Trump-Linked Enterprise Purchases Large Ethereum! Details Here

23/07/2025

Trump Linked WLF Adds 10K ETH in 6 Days

23/07/2025

Skycorp Solar Stock Surges 8.39% After Announcing Ethereum Investment Plans

23/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

SEC May Soon Grant Highly-Awaited Approval for Bitcoin and Ethereum ETFs! “Positive Developments!” Bloomberg Analyst Explains

24/07/2025

Goldman Sachs CEO Champions Digital Assets in Financing

24/07/2025

What Is Pump.fun? The Solana Meme Coin Factory

24/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.