An Ethereum whale that bought 3,000 ETH at $18.80 eight years ago sold another 1,000 ETH for about $2.68 million on September 29, according to Lookonchain. The latest sale brings the holder’s total disposals to 2,000 ETH worth $6.19 million, with the position delivering an estimated 156x return from its original purchase price.
An #EthereumOG who bought 3,000 $ETH at $18.8 ($56.5K at the time) 8 years ago sold another 1,000 $ETH ($2.68M) today.
The OG has now sold 2,000 $ETH ($6.19M) at an average price of $3,096 and still holds 1,000 $ETH ($2.67M).
Total profit: $8.8M — a 156x return!… pic.twitter.com/cnIUoFNsQh
— Lookonchain (@lookonchain) September 29, 2026
The whale originally spent roughly $56,500 acquiring the 3,000 ETH. Lookonchain said the 2,000 ETH sold so far fetched an average price of $3,096 each, while another 1,000 ETH remains in the wallet, valued at approximately $2.67 million at the time of the update.
Lookonchain estimated total profit at about $8.8 million when combining the sales and remaining position. The next point to watch is whether the holder sells the final 1,000 ETH or continues holding, as the latest transaction confirms another partial exit rather than a full liquidation of the long-held Ethereum position.
Source: Lookonchain.
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
