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Patricio Worthalter closes a million-dollar position: liquidates 2,000 ETH after two years
According to on-chain monitoring data provided by Onchain Lens and reported by Jinse Finance, investor Patricio Worthalter has made a significant move in his crypto portfolio. After holding 2,000 ETH for about two years, he decided to liquidate the position by exchanging it for 8.85 million USDC at a unit price of $4,423 per ETH.
Substantial Gains from the Transaction
This transaction allowed Patricio Worthalter to realize considerable returns, with net profits of $5.37 million from the sale. The move reflects the volatility and revaluation opportunities that the Ethereum market has experienced over the past two years. With current ETH prices around $2,120, the decision to sell at $4,423 demonstrates strategic timing in exiting the position.
Continued Cryptocurrency Holdings
Despite parting with this significant stake, Patricio Worthalter still maintains substantial exposure to the Ethereum ecosystem. The investor remains the owner of 41,135 ETH, valued at approximately $183.27 million based on market valuation at the time of the transaction. This figure highlights the investor’s ongoing commitment to the second-largest cryptocurrency by market cap, reflecting a strategy of partial diversification rather than a complete exit from the asset.