An institution has gradually transferred 109,806 ETH, valued at $266 million, to a CEX. According to EmberCN monitoring, as of two hours ago, the institution transferred 109,806 ETH ($266 million) to a CEX over three days, with an average entry price of $2,430. The address currently holds 58,048 ETH ($140 million). The institution plans to sell a total of 167,854 ETH ($406 million). If all are sold, given its acquisition cost of $1,700 per ETH two years ago, it would realize a profit of $122 million.
Avatar.SOL💢Share

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.