10-4-2025 – A veteran cryptocurrency investor has substantially reduced their Ethereum holdings during recent price volatility. The investor, who had acquired Ether at approximately $8 in 2016, divested the majority of their digital assets as prices tumbled to their lowest point in two years.
Blockchain analytics reveal that the wallet holder converted 14,015 ETH to 22 million USDC through a series of transactions on Uniswap, a popular decentralised exchange. These transfers occurred over a 15-hour window, coinciding with Ether’s dramatic decline from its December peak of $4,000.
This pattern of selling during market downturns appears to be characteristic of the investor’s strategy. Similar divestments occurred in May 2022 and June 2023, both during significant market contractions. Despite these substantial sales, the investor has maintained a residual position of 521 ETH, currently valued at approximately $830,000.
The broader cryptocurrency market has shown signs of recovery following President Donald Trump’s announcement of a 90-day tariff suspension. This policy shift has injected fresh optimism into digital asset markets, with Ether rebounding to $1,598—representing an 8.2% increase within a 24-hour period. Market engagement has simultaneously intensified, with trading volumes surging by 25% to reach $33 billion.
The recent price collapse to $1,412 marked Ethereum’s lowest valuation in two years, creating both challenges and opportunities for market participants.