ME News reports that on October 26 (UTC+8), chain analyst Yujin monitored that an ancient whale purchased 100,000 ETH at $0.311 each via ICO in 2015, for a total value of $31,000. Six months later, the whale sold 50,000 ETH at $5.47 each, totaling $274,000, realizing a 17x profit. The remaining 50,000 ETH were held for 11 years until now, when transfers began: 5,000 ETH were moved within two hours, with 1,500 ETH already deposited into centralized exchanges, valued at $3.45 million. (Source: ODAILY)
Ancient Whale Transfers 5,000 ETH in 2 Hours After 11-Year Hold
KuCoinFlashShare
ETH news: On October 26 (UTC+8), a long-term Ethereum whale began transferring 5,000 ETH over two hours. The whale originally purchased 100,000 ETH in 2015 at $0.311 via ICO and sold 50,000 ETH in mid-2015 at $5.47. Of the recent transfer, 1,500 ETH has entered centralized exchanges, valued at $3.45 million. ETH data shows increased whale activity amid stable market conditions. (Source: ODAILY)
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.