Ancient ETH whale transfers 1,501 ETH, worth $3.05 million, to new address

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An ancient ETH whale transferred 1,501 ETH ($3.05M) to a new address on March 4, according to ETH analysis from BlockBeats. The whale, with an average cost of $1.33 per ETH, had been inactive for six months. The receiving address remains dormant. The whale still holds 23,941 ETH, with unrealized gains of $49.59M. ETH prices remained stable during the transfer.

BlockBeats report: On March 4, according to on-chain analyst Aunt Ai (@ai_9684xtpa), an ancient whale with an average ETH cost as low as $1.33 has become active again after six months, transferring 1,501 ETH (valued at $3.05 million) to a new address one hour ago. The receiving address has not yet transferred or sold the ETH.


This OG whale still holds 23,941 ETH on-chain, with a cumulative unrealized profit of $49.59 million.

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