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An ancient whale transferred 16,636 ETH four hours ago and sold 350 ETH

An ancient whale transferred 16,636 ETH four hours ago and sold 350 ETH

Bitget2024/09/16 01:10

According to on-chain analyst Yu Jin, an ancient whale who received 16,636 ETH from ShapeShift at a unit price of $5.23 in February 2016 began selling these ETH after eight and a half years. He held onto these ETH until four hours ago when he transferred the 16,636 ETH (worth approximately $39.62 million) to the address 0xe3e...566 and then sold 350 ETH at a price of $2,340 each. When he initially received these 16,636 ETH they were worth only $87,135 but now their value has soared to as high as $38.92 million - an increase of 446 times.

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