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An 8-year ETH holding whale offloads 17,598 ETH

2 hours ago

According to on-chain monitoring platform Yu Jing, a whale that has held Ethereum (ETH) for eight years sold 17,598 ETH on-chain in the past hour, converting the holdings into 27.245 million USDS at an average price of $1,548. The whale received 37,602 ETH in February 2018, worth $31.16 million at the time when ETH was priced at $829. Eight years later, the whale has sold roughly half of its ETH holdings, booking a profit of $12.65 million.

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