According to Golden Finance, on-chain analyst Ember has observed that an ancient whale who received 16,636 ETH from ShapeShift at a price of $5.23 in February 2016, has begun selling these ETH after eight and a half years. They had held these ETH since receiving them until four hours ago, when they transferred 16,636 ETH (approximately $39.62 million) to the address 0xe3e...566 and then sold 350 ETH at a price of $2,340. The initial value of these 16,636 ETH was only $87,135 when they were received, but now they are worth $38.92 million, representing a 446-fold increase.