After holding ETH for 8 years, a whale sold half of its holdings—17,598 ETH—for a profit of $12.65 million.
Svmuu News: According to on-chain analyst Yu Jin, a whale that had held ETH for 8 years sold 17,598 ETH on-chain in the past hour, converting them into 27.245 million USDS at a price of $1,548 per ETH. The whale received 37,602 ETH in February 2018, which was worth $31.16 million at the time, when the price of ETH was $829; eight years later, the whale sold approximately half of its ETH, realizing a profit of $12.65 million.
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Source:Odaily · Source Link
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