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ETH OG with a position entry cost of only $10.37 suspected of liquidation, transferred 5082 ETH to Coinbase 4 hours ago

2 hours ago

On March 10th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that an ETH OG who accumulated ETH in 2016 at an average cost of ~$10.37 is suspected of selling off. Address 0x533...cBf48 transferred its remaining 5,082 ETH to Coinbase 4 hours ago, with the tokens currently valued at $10.27 million. If sold, the transaction would yield a profit of $10.215 million, translating to a return on investment (ROI) of 19,383%. Tracing the fund origins: The originating address 0x288...56279 withdrew 23,300.79 ETH from Kraken as early as October 2016, spending just $241,000 at the time.
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