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The giant whale that opened a large ETH position in 2016 transferred 8,600 ETH to Coinbase 2 hours ago

The giant whale that opened a large ETH position in 2016 transferred 8,600 ETH to Coinbase 2 hours ago

CointimeCointime2024/02/15 03:42
By:Cointime

According to blockchain data analyst @ai_9684xtpa, on February 15th, a whale who had made a large investment in ETH in 2016 transferred 8,600 ETH (approximately $24.2 million) to Coinbase two hours ago. Since the cost of ETH for this address was only $12.83, selling all of it now would result in a profit of $23.87 million. In the past month, the whale has deposited a total of 21,800 ETH worth $55.67 million into regular trading accounts and currently holds 29,818 ETH.

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