Ethereum Trader Executes Phased Bottom Panic Sell: Liquidates 3296 ETH Worth $10.3M and Realizes $292K Profit

Ethereum

Ethereum Trader Executes Phased Bottom Panic Sell: Liquidates 3296 ETH Worth $10.3M and Realizes $292K Profit

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As reported by COINOTAG News and anchored by on-chain analyst Ai Auntie, address 0x074…9B748 executed a staged bottom-panic liquidation, spreading 3296 ETH over roughly 11 hours. The operation equates to approximately $10.3 million in gross turnover, with a final realized profit near $292,000, signaling a disciplined exit strategy after a period of drawdown. The phased approach reflects cautious risk management in Ethereum markets and demonstrates how on-chain analytics inform tactical moves in cryptocurrency liquidity events.

Two days earlier, the same address held roughly $1.266 million in unrealized gains before entering the position on December 2 at a price around $3029 per ETH. This prior gain trajectory underscores the balance between unrealized profits and capital preservation in digital asset trading, as analysts continue to monitor large-scale exits via blockchain data.