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.