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A whale who held 101,000 ETH for five years transferred 40,251 ETH to a centralized exchange (CEX), realizing a profit of $204.9 million.
Svmuu News: According to data from YuJin,a whale or institutional investor holding 101,000 ETH for five years at an average cost of just $660 has transferred 40,251 ETH (approximately $124 million) to the Bitstamp exchange in the past 24 hours.Of this amount, 26,000 ETH (approximately $80.16 million) was transferred just one hour ago. This address (0xCADE...e0F2) accumulated 101,000 ETH from Binance and Bitstamp five years ago.To date, 75,200 ETH (approximately $254 million) has been transferred to the exchange, with an average transfer price of $3,383, resulting in a profit of $204.9 million. The address currently still holds 26,000 ETH (approximately $80.16 million).
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