An Ethereum whale made a $9.87 million profit in just 14 days. ETH’s RSI suggests a short-term correction to $3,000. Despite profit-taking, long-term holders remain bullish. The whale sold 8,005 ETH for $30.03 million, making a 38% return in under two weeks. The wallet still holds 1,577 ETH. Glassnode’s data shows strategic profit-taking among holders. Ethereum’s overbought correction could target $3,000, but long-term outlook remains bullish. Analysts predict ETH could reach $8,000 in the coming months.
Read more at CoinTelegraph: Ethereum Whale Nets $9.87M in ‘Strategic Profit-Taking’ as ETH win streak ends.