Ethereum ancient whale transfers 3,510.42 MKR, realizing a $1.5M profit

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Ethereum news: A long-term Ethereum whale who participated in the 2015 ICO with 40,000 ETH recently moved 3,510.42 MKR. The transfer, valued at $4.41 million, realized a $1.506 million profit. The whale previously withdrew 7,020.84 MKR between 2018 and 2019 at an average price of $828.92, totaling $5.81 million. This Ethereum ecosystem update highlights significant on-chain activity from a long-term holder.

According to on-chain analyst Ai Yi, the ancient whale that acquired 40,000 ETH during the 2015 ICO has now transferred MKR after seven years. Between September 2018 and May 2019, this whale withdrew 7,020.84 MKR at an average price of $828.92, totaling $5.81 million. After holding the assets for over seven years, it recently transferred 3,510.42 MKR—valued at $4.41 million—to a new address four hours ago, realizing an unrealized profit of $1.506 million.

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