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Ethereum Whale Makes $37.6M Profit After 8.5 Years Coinpedia 16 Sep 2024

Ethereum Whale Makes $37.6M Profit After 8.5 Years 🐋

Ethereum ShapeShift

An early Ethereum investor has reaped substantial profits after nearly 8.5 years of holding. According to Ember CN, the whale acquired 16,636 ETH from ShapeShift in February 2016 at just $5.23 per token, totaling $87,135.

Now worth over $37.6 million, the whale recently sold 350 ETH at $2,340 each from a new address, highlighting the dramatic increase in Ethereum's value over the years.

Source: coinpedia.org ↗

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