Ethereum Whales Cash Out Profits Exceeding $500 Million

2 mins mins

Key Points:

Ancient ETH whales cash out over $500 million in profits.
Profit-taking occurs whenever ETH surpasses $4,000.
Ancient whale activity influences ETH market phases.

Murphy, an on-chain analyst, highlights ETH ancient whales’ profit patterns, noting large sell-offs each time prices breach $4000, potentially influencing Ethereum’s market movements.

These cash-out behaviors indicate market cyclicality, affecting Ethereum’s price stability and investor sentiment, with recent century whale sales underscoring potential for sudden market swings.

Ethereum Whales Cash Out Profits Exceeding $500 Million

Ancient Ethereum whales have engaged in substantial profit-taking above the $4,000 mark, cashing out profits exceeding $500 million on several occasions. In March 2024, a single day saw $600 million in realized gains from offers five years or older. In June 2024, profit-taking reached $1 billion.

Following the withdrawal of significant profits, ETH often encounters phased tops. This pattern persisted in September and October 2025 when 7+ and 10+ year holders respectively realized over $500 million. Since May 2024, ETH treasury firms’ accumulation has lessened the 5+ years of supply.

The analysis highlights the profit-taking patterns of ETH ancient whales, indicating significant sell-offs above $4000 leading to phased tops in ETH prices.

Price Trends and Future Implications of Whale Activity

Did you know? The profit-taking activities of Ethereum’s ancient whales, seeing significant cash-outs once key price levels are breached, have consistently influenced the cryptocurrency’s market phases since 2024.

According to CoinMarketCap, as of January 1, 2026, Ethereum’s price stood at $2,975.22, with a notable 9.80% increase over 24 hours. Despite a 33.67% decline over 90 days, its market cap remains robust at approximately $359.09 billion. ETH’s trading volume reached $16.02 billion despite a change of negative 11.36% recently.

ethereum-daily-chart-2404 — Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 06:18 UTC on January 1, 2026. *Source: CoinMarketCap*

Insights from the Coincu research team suggest that further profit-taking by these whales might continue influencing price patterns. Careful monitoring of their activity could provide valuable predictive insights for traders and analysts looking to anticipate market swings.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.