In 2016, the whale address that built a large-scale ETH position transferred 8,600 ETH to Coinbase.
According to the blockchain data analyst @ai_9684xtpa, a whale/institutional address that massively built up ETH in 2016 transferred 8,600 ETH (about $21.36 million) to Coinbase 20 minutes ago. If all were sold, it would earn a profit of $21.25 million. It is reported that the address transferred 172,707 ETH from Poloniex seven years ago (July-August 2016), with an average cost of $12.83. Before the transfer, it still held 47,017 tokens, with a total profit of $116 million. Since 2024, the address has accumulated 13,200 ETH worth $31.47 million by depositing to Coinbase.
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
New spot margin trading pair — TREE/USDT!
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Bitget spot grid feature upgrade
Trending news
MoreCrypto prices
More








