Data: A whale transferred 7,000 ETH to Coinbase 8 hours ago, worth over $17 million.
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October 2, 2024
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According to ChainCatcher, on-chain analyst Ember observed that a whale/institution withdrew 29,414 ETH (worth $74.49 million) from Coinbase at a price of $2,532 in late August. Eight hours ago, this entity completed the sale of all the ETH: transferring the last 7,000 ETH ($17.68 million) into Coinbase.
This whale/institution accumulated 29,414 ETH ($74.49 million) at a price of $2,532 and then sold it all at a price of $2,605, realizing a profit of $2.3 million.
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