PANews reported on January 10th that, according to on-chain analyst Yu Jin, a whale/institution that had held 101,000 ETH for five years at an average cost of onlyPANews reported on January 10th that, according to on-chain analyst Yu Jin, a whale/institution that had held 101,000 ETH for five years at an average cost of only
A whale that held 101,000 ETH for five years recently transferred over 40,000 ETH to exchanges, realizing a profit of $204.9 million.
PANews reported on January 10th that, according to on-chain analyst Yu Jin, a whale/institution that had held 101,000 ETH for five years at an average cost of only $660 transferred 40,251 ETH ($124 million) to the Bitstamp exchange in the past day. The most recent transaction was an hour ago, with 26,000 ETH ($80.16 million) transferred to Bitstamp.
Five years ago, the company accumulated 101,000 ETH from Binance and Bitstamp at an average price of $660. Of these, 75,200 ETH ($254 million) have been transferred to exchanges at an average price of $3,383. This means that this portion of ETH has yielded a profit of $204.9 million. The company currently holds 26,000 ETH.
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