Early Ethereum Whale Sells 1,000 ETH for $2.68 Million, Securing 156-Fold Gain

An early Ethereum investor sold 1,000 ETH for approximately $2.68 million on September 29, bringing cumulative sales to 2,000 ETH worth $6.19 million at an average price of $3,096. The whale originally purchased 3,000 ETH in 2017 at $18.80 per coin for $56,500 and still holds 1,000 ETH valued at roughly $2.67 million. The profit-taking arrives as Ethereum gained 72.7% in Q3 2026 for its strongest third quarter on record. Despite whale divestments, downside pressure has been cushioned by seven straight days of spot ETF inflows totaling over $689.8 million.