According to data captured by Onchain Lens and reported by Jinse Finance, investor Patricio Worthalter took a strategic position by selling 2,000 ETH at an average price of $4,423 per token, generating an inflow of 8.85 million USDC into his portfolio.
Details of the transaction
Patricio Worthalter’s divestment resulted in a profit of $5.37 million from this portion of his Ethereum portfolio. It is worth noting that in the current context, where ETH is trading around $3.11K, this partial exit from the market represents a tactical move to take profits at a significantly higher level than current prices.
Remaining position
Despite this sale, Patricio Worthalter maintains substantial exposure to the Ethereum ecosystem. His portfolio still holds 41,135 ETH, which at the current price is valued at approximately $183.27 million, reaffirming his position as a significant holder on the network.
This move reflects a risk management strategy among major institutional investors, balancing realized gains with continued exposure to the crypto market.
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Patricio Worthalter liquidates 2,000 ETH after 2 years of bullish position
According to data captured by Onchain Lens and reported by Jinse Finance, investor Patricio Worthalter took a strategic position by selling 2,000 ETH at an average price of $4,423 per token, generating an inflow of 8.85 million USDC into his portfolio.
Details of the transaction
Patricio Worthalter’s divestment resulted in a profit of $5.37 million from this portion of his Ethereum portfolio. It is worth noting that in the current context, where ETH is trading around $3.11K, this partial exit from the market represents a tactical move to take profits at a significantly higher level than current prices.
Remaining position
Despite this sale, Patricio Worthalter maintains substantial exposure to the Ethereum ecosystem. His portfolio still holds 41,135 ETH, which at the current price is valued at approximately $183.27 million, reaffirming his position as a significant holder on the network.
This move reflects a risk management strategy among major institutional investors, balancing realized gains with continued exposure to the crypto market.