- Ethereum amounting 30K sold on June 10 for $78.63 million, securing an $6.72 million profit in 15 days.
- Just 24 hours later, the same wallet bought back 16,500 ETH for $46.5 million at a higher average price of $2,818.
- All transactions were handled via OTC through Wintermute, maintaining anonymity and minimizing market impact.
A large Ethereum investor has resumed accumulation just one day after locking in millions in realized gains. The unnamed wallet, widely tracked for its sizable transactions, conducted a notable OTC sale on June 10 and has now re-entered the market, acquiring ETH at a higher average price.
On-Chain Records Confirm Ethereum Transaction Patterns
According to a Spot On Chain X post , it is notable that on June 10, the investor offloaded 30,000 ETH through an over-the-counter transaction with Wintermute. The assets were sold for a total of $78.63 million, yielding an average price of $2,621 per token.
This sale came after a holding period of 15 days. Based on purchase data, the investor earned a profit of $6.72 million on the deal, recording an 8.91 percent return. The realized gain brought the total profit from Ethereum trades since April 27 to $30.45 million.
Over that period, the investor achieved a cumulative return of 23.4 percent across all ETH transactions. Despite exiting a significant portion of its holdings, the same wallet re-entered the market only 24 hours later. On June 11, the investor executed another OTC transaction, this time purchasing 16,500 ETH. The buyback was valued at $46.5 million and was also facilitated by Wintermute. The average acquisition price per token during this latest transaction stood at $2,818.
Source: Spot On Chain (Coingecko Chart)This new entry was made at a higher average cost than the earlier sale, increasing the investor’s average ETH entry point. The decision to repurchase more than half of the previously sold amount marked a continuation of activity with Wintermute as the counterparty.
OTC Channel Used for Execution Efficiency
These back-to-back large-scale movements occurred within a short timeframe, indicating precise timing and close coordination between the parties involved. Market watchers recorded both the exit and re-entry using on-chain tracking tools, confirming wallet addresses and transaction metadata linked to Wintermute’s OTC infrastructure.
Since late April, this specific wallet has executed multiple Ethereum-related trades, demonstrating a consistent trading strategy based on short-term holding and sizeable profit-taking. The combination of exit and re-entry within 24 hours suggests an adjustment in market positioning rather than a full liquidation.
Both the sell and repurchase were conducted outside public exchanges, avoiding slippage and preserving anonymity. This use of over-the-counter channels reflects a preference for privacy and trade efficiency during large asset movements. As of the latest transaction, the wallet holds 16,500 ETH acquired at a value above its previous selling price . Further movements will remain under close observation by on-chain analysts monitoring high-volume Ethereum wallets.
