A "whale" with an average price of $5.23 bought 16,636 ETH and sold 350 ETH four hours ago.

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September 16, 2024
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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 8.5 years, according to on-chain analyst Ember. This whale had held these ETH since receiving them until 4 hours ago, when they transferred the 16,636 ETH ($39.62 million) to the address 0xe3e...566 and then sold 350 ETH at a price of $2,340. The 16,636 ETH they received back then was worth only $87,135, and is now worth a whopping $38.92 million, representing a 446-fold increase.

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