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Ethereum Whale Cashes in $34.3M as ETH Surges 6%, Profiting $58.8M Since 2016 Coinpedia 28 Sep 2024

Ethereum Whale Cashes in $34.3M as ETH Surges 6%, Profiting $58.8M Since 2016 🐳

An ancient Ethereum whale has resurfaced after four months of inactivity to sell 12,979 ETH, amounting to $34.3 million, capitalizing on a 6% market price surge.

Initially, the whale withdrew 21,632 ETH from exchanges such as Shapeshift and Poloniex at a market price of $7.07 per ETH in 2016.

The whale's profits have now reached a staggering $58.8 million.

Source: coinpedia.org ↗

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