The whale that accumulated ETH in January and May this year liquidated its position during this round of price drop, realizing a profit of $19.64 million.

BlockBeats News, August 15th, according to Ashes Monitor, a whale liquidated their holdings of 9,109.6 ETH in the early morning today to take profit, earning $19.64 million, nearly doubling their investment.

They had acquired these ETH in January and May this year, spending a total of $21.52 million at an average price of $2,363. After last night's drop, they sold their holdings this morning at a price of $4,519, realizing $41.16 million.