The whale who accumulated 4,652 ETH four years ago has reduced holdings by 2,250 ETH.
ChainCatcher News: Recently, according to on-chain analyst Ai Aunt (@ai_9684xtpa), a whale address that accumulated 4,652 ETH four years ago has recently started to reduce its holdings. The address 0xeA4...592F1 withdrew ETH from an exchange at an average price of $2,142 on April 13, 2021, and since then, except for a small deposit to ChangeNOW in August 2021, there have been no further transfer or selling actions.
Two weeks ago, this address allegedly sold 2,250 ETH, and one hour ago, it deposited another 1,000 ETH to an exchange. If all are sold, the profit would be $7.644 million. Currently, the address still holds 1,281 ETH, with an unrealized profit of $3.036 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Janus Henderson Macro Head Says Market Is Near Its Top but Cannot Say When
Crypto prices
More
