Ether Whale Sells 14,015 ETH for $22 Million on Uniswap

Ether fell to a two-year low of $1,412 this week. A long-time holder sold the majority of their stash acquired at around $8 in 2016.

The wallet swapped 14,015 ETH for $22 million USDC on Uniswap within 15 hours.
This investor previously sold 6,630 ETH in May 2022 and 4,035 ETH in June 2023 during market dips.
Currently, they hold 521 ETH valued at $830,000.

ETH has rebounded, trading at $1,598, up 8.2% in the past 24 hours. Trading volume increased by 25% to $33 billion as optimism grows following U.S. President Trump's tariff pause.