Analysis: The whale who transferred 200,000 ETH accumulated at an average price of only $21.9
According to Jinse Finance, EmberCN statistics show that the whale address, which had been dormant for over eight years and transferred 200,000 ETH tonight, accumulated ETH at an average price of only $21.9 between 2016 and 2017, achieving a 178-fold return over more than eight years. Previous reports indicated that the whale's ETH originally came mainly from a certain exchange. Currently, the whale holds a total of 736,316 ETH across eight wallets, valued at $2.89 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance
Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
Trending news
MoreCrypto prices
More
