In this article, we will also show you which entities are selling ETH and who is buying. Hint: the US President is involved.
The chart above paints a picture worth a million dollars. It shows how ETH, which was once among the poorest performers in 2025, turned the tables and skyrocketed from under $2,200 marked on June 23 to an all-time high of $4,900 two months later, on August 22. From a percentage perspective, this mindblowing rally represents a 130% surge in roughly 60 days.
A lot changed for Ethereum along the way. Investors went wild for its underlying asset, which is evident from the massive inflows in the ETH ETFs as well as the growing number of tokens purchased by many Ethereum treasury companies.
But, still, the essential question for ETH investors has popped up – has the time come to sell (at least some portions)?
Doctor Profit seems to think so. The self-described “elite trader, master of x100” believes ETH investors should realize “BIG” profits. This wouldn’t be a surprise in the crypto market. Recall that profit-taking went through the roof for both XRP and BTC in July and August as the assets charted new all-time highs of their own.
Matrixport has apparently adopted Doctor Profit’s approach, as several of the company’s wallets have made substantial deposits into Binance and OKX, with the most likely intention of selling $450 million worth of ETH.
In contrast to the above is the approach undertaken by this Bitcoin OG, who sold large BTC portions only to buy ETH spot and open long Ethereum positions. The mysterious wallet has only doubled down on their ETH position since yesterday.
Let’s also not forget that the Trump family’s World Liberty has continued to accumulate ETH, even as the asset’s price skyrocketed yesterday. According to Lookonchain, the team spent $5 million USDC to acquire an additional 1,076 ETH.
Obviously, the question of whether it’s time to sell is a very personal one and it depends on the investor’s current financial situation and risk appetite. But, if you want to read more about when it’s actually a good time to sell any asset, including ETH, you can check this guide.
