Mysterious Ethereum Whale Nets $1.52M in Unrealized Profits as ETH Price Jumps

In a stunning development, a mysterious Ethereum whale has raked in $1.52 million in unrealized profits with a 30,000 ETH purchase. As reported by Lookonchain earlier today, the savvy trader spent $75.39 million to acquire these 30k ETH tokens through an over-the-counter (OTC) deal. While the purchase was made reportedly at an average price of $2,513 per token, it is now valued at a total of $76.91 million as the ETH price rose to $2,594.

Ethereum Whale Gains $1.52M via 30K ETH Purchase

According to data revealed by Lookonchain, an Ethereum whale has made a massive purchase of 30,000 ETH, spending $75.39. With a significant hike in the ETH price, the whale gained a staggering profit of $1.52 million. Though ETH surged to a three-day high of $2,594, it soon plunged to $2,554.

Significantly, this Ethereum whale has a proven track record of savvy trades, implementing strategic buy-low, sell-high methods. Just four days before, the whale sold 30,000 ETH for $78.63 million, securing a substantial 43.2% gain of $23.73 million in a mere 25 days. While large OTC transactions indicate strong bullish sentiment, this move has been deemed a positive indicator for the ETH price.

Notably, the Ethereum whale’s acquisition of 30k ETH on May 26, 2025, occurred during a period of heightened market volatility. This implies that the investor was positioning for an anticipated bullish surge.

ETH Price Surges 42% in a Month

At press time, ETH is valued at $2,567, marking a marginal 2.54% in a day. At the same time, the ETH price has gained a massive 42% in a month and 5% in a week. Despite these significant price movements and Ethereum whale moves, the traders’ sentiment remains neutral, marked by a negligible 2.7% hike in its trading volume, currently at $12.69 billion.

However, traders and analysts remain optimistic about the ETH price’s potential surge. According to market expert Crypto GEMs, the next target for Ethereum is possibly $3,500. At the same time, analysts like Crypto Fella predict that the cryptocurrency will reach a new all-time high of $5000 this year. As per CoinGape’s Ethereum price prediction, the ETH price will hit a staggering high of $11,340 if Bitcoin surges past $378,000.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.