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An institution/whale that built a warehouse of 41,567 ETH four years ago deposited 3,000 ETH into CEX eight hours ago

An institution/whale that built a warehouse of 41,567 ETH four years ago deposited 3,000 ETH into CEX eight hours ago

Bitget2024/12/17 04:41
ETH-2.30%

According to on-chain analyst @ai_9684xtpa, an institution/whale that bought 41,567 ETH at an average price of $421.7 four years ago is suspected of partially taking profits with a return rate as high as 807%. Eight hours ago, they deposited 3,000 ETH into CEX worth $12.13 million; in the past two weeks they have deposited a total of 8,957 ETH (approximately $32.46 million). If sold, the profit would be around $30.48 million and currently they still hold ETH worth about $17.75 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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