"Giant Whale" Dumps 15,000 ETH, Making Over $100 Million in Profits in the Past Six Months
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September 22, 2024
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According to Mars Finance, on-chain analyst "Ember" observed a whale who withdrew 96,638.9 ETH from Coinbase at $1,567 in September 2022, and has just sold another 15,000 ETH ($38.37 million).
Since withdrawing the ETH from Coinbase at $1,567 in September 2022, the whale started transferring ETH to Kraken in March this year. Over six and a half months, they have moved a total of 70,000 ETH ($214.34 million) to Kraken, with an average price of $3,062, generating a profit of $104.65 million.
Currently, they still hold 26,638 ETH ($69.61 million).
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