Crypto investor Ted (@TedPillows) has drawn attention to one of the more remarkable individual trades in recent Ethereum history. For this trade, the investor made 8,750x on his initial investment.
The data, pulled from Arkham Intelligence, shows a wallet address sending 13,320 ETH to a Coinbase deposit address approximately 7 hours before the post. The transfer carried a value of $36.34 million.
The transfer history on this wallet tells a longer story. 6 months earlier, the same address sent 15,000 ETH to the same Coinbase deposit, valued at $30.97 million. Two smaller transfers of 2 ETH ($4,130) and 0.1 ETH ($205.27) followed shortly after. A year earlier, the wallet received 1.1 ETH from a Coinbase deposit.
A whale sold $36,340,000 in $ETH today.
He bought each Ethereum at $0.31, making an 8,750x gain. pic.twitter.com/DXyRZMDxj1
— Ted (@TedPillows) October 5, 2026
The Scale of the Gain
The entry price on this position was $0.31 per ETH. The asset has not traded at that level since 2015. At the time of the most recent sale, ETH was trading at roughly $2,727. That puts the return at approximately 8,750x on investment. The 13,320 ETH sold in the highlighted transaction alone generated $36.34 million, and showed how massive long-term investments can be.
One commenter noted that the wallet sold at a $1,137 average across 170,000 ETH, covering nearly the entire ICO stack, calling it a “full exit, 3,655x.” The cost basis on approximately 13,400 ETH was around $4,150 total at $0.31 per token.
How the Community Read the Trade
Several observers noted the wallet’s technical behavior in the days surrounding the exit. One account explained that the seller first sent a 10 ETH test transfer to the Coinbase deposit at 03:02Z, then moved 13,320 ETH at 03:08Z. Four addresses resembling the destination were used as decoys in between. The wallet exited with 1,484 ETH remaining.
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Conviction and Timing
Some responses focused on the conviction required to hold through multiple market cycles without selling. One commenter noted the buyer purchased at $0.31 and held through everything, calling him a time traveler rather than a whale.
Others addressed the exit timing. One account observed that selling into the first weekly close above $2,700 in nine months represented the most rational trade available at that moment, given the entry price and current market structure. Ethereum’s social sentiment has dropped significantly because of its poor performance, and this trader took the first good opportunity to exit.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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