At the end of August, a whale withdrew 29,414 ETH from CEX and cleared 7,000 ETH in 8 hours
According to the monitoring of on-chain analyst Yu Jin, the whale/institution that withdrew 29,414 ETH (US$74.49 million) from Coinbase at an average price of US$2,532 at the end of August also completed the sale of all ETH 8 hours ago: the last 7,000 ETH (US$17.68 million) was transferred to Coinbase.
He hoarded 29,414 ETH at an average price of US$2,532, and then sold all at an average price of US$2,605, realizing a profit of US$2.3 million.
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