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2,887.49 Ether (ETH) Position Shows $122,000 Unrealized Gain

The buyer paid an average of $2,315 per Ether, and the position remained open roughly 10 hours after the purchase.

Updated 1 min read
A restrained market graphic shows Ether units beside a marker for unrealized gains. / TokenPost.ai
A restrained market graphic shows Ether units beside a marker for unrealized gains. / TokenPost.ai

An unidentified buyer's 2,887.49 Ether (ETH) position showed a $122,000 unrealized gain about 10 hours after purchase, as the broader market began recovering from a short-term low.

The buyer acquired the Ether at an average price of $2,315 per coin, for a reported outlay of about $6.68 million. The buyer was not identified.

At 9:46 p.m. ET Saturday, Oct. 24 (01:46 UTC Sunday, Oct. 25), the position remained open. Its reported unrealized gain was $122,000. The snapshot came roughly 10 hours after the purchase.

The broader market reached its short-term trough about 10 minutes after the transaction, then began moving upward. The gain reflected the position's value while it remained open; no completed sale was reported at the snapshot.

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