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Dormant Billion-Dollar Ethereum Whale Books Profit!

  • November 22, 2024
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Dormant Billion-Dollar Ethereum Whale Books Profit!

The post Dormant Billion-Dollar Ethereum Whale Books Profit! appeared first on Coinpedia Fintech News

A giant whale had accumulated 398,889 ETH tokens between 18th January and 10th March 2016 with an average price of ~$6. Reportedly, this holding is now worth around $1.34 billion. Notably, this whale had accumulated 398,889 Ethereum tokens for $2.4 million. Following this, the whale went dormant for about 8 years. However, this whale has resurfaced this month. Notably, since 07th November the whale has started selling his holding. Till today, this whale has sold 73,356 Ethereum tokens worth $224.42 million. With this, the whale now holds 325,533 ETH tokens worth about $1.1 billion.

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