# Ethereum OG Sells $188M Before Crash, Rebuys

**Published:** 2026-06-12T12:11:42.398Z  
**Topic:** Crypto Crash  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/800b3a99-6ba1-4b4d-a0d3-cbc61e34c882

An Ethereum OG sold $188 million in crypto assets before a market crash and repurchased them at lower prices, capturing significant value on-chain.

An early Ethereum investor liquidated approximately $188 million in crypto assets just before a sharp market downturn, only to repurchase the position at significantly lower prices. Data from Arkham Intelligence reveals the wallet sold 60,000 ETH, 9,442 wstETH, and 600 WBTC ahead of the breakdown, later re-entering the market to capture millions in value [1].

**Key takeaways**
*   An Ethereum OG sold $188 million in assets before a crash and repurchased them at lower prices [1].
*   The trade captured roughly $30 million in value on Ethereum and $5.7 million on Bitcoin [1].
*   Ethereum recently lost the $1,800 support zone but has since bounced to the $1,650 level [1].
*   Exchange outflows of 475,000 ETH suggest reduced selling pressure in the broader market [2].

## The Mechanics of a $188M Trade

Before the market decline, the wallet identified as belonging to an Ethereum OG executed a series of exits totaling roughly $188 million. The investor sold 60,000 ETH and 9,442 wstETH at an average price of $2,040, alongside 600 WBTC at an average price of $78,538 [1]. This liquidation occurred prior to Ethereum losing the critical $1,800 support zone and collapsing toward the $1,500–$1,600 range [1].

Following the correction, the wallet rebuilt its position using the capital preserved from the sale. On-chain data shows the investor bought back 611 WBTC at an average price of $63,280, realizing a spread of approximately $5.7 million on the Bitcoin leg alone [1]. The Ethereum position was restored with the purchase of 60,088 ETH and 10,000 wstETH at an average price of $1,606, capturing roughly $30 million in additional value compared to the original exit price [1]. Analytics Insight notes the ETH buy-in occurred between $1,560 and $1,600, representing a 23% discount from the selling level [2].

## Market Context and Technical Levels

While the whale successfully timed the market, the broader Ethereum ecosystem remains under pressure. ETH has reclaimed the $1,650 level but continues to trade below key moving averages, suggesting the recent bounce may be a relief rally rather than a full trend reversal [1]. However, blockchain data indicates that 475,000 ETH recently moved off major exchanges like B

## Sources
1. Newsbtc — [Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower](https://www.newsbtc.com/ethereum-news/ethereum-og-nails-the-crash-sells-188m-buys-back-lower/)
2. Analyticsinsight — [Ethereum Whale Sells $188M Before Crash, Rebuys at Lower Levels](https://www.analyticsinsight.net/ethereum/eth-whale-move-188m-sold-before-crash-bought-back-at-lower-levels)

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Cite as: TrendWatcher, "Ethereum OG Sells $188M Before Crash, Rebuys", https://www.trendwatcher.in/article/800b3a99-6ba1-4b4d-a0d3-cbc61e34c882