The ancient whale address that hoarded nearly 400,000 ETH at an average price of $6 sold about 73,300 ETH in the past half month
Lookonchain monitoring shows that a whale address accumulated 398,889 ETH (valued at $2.4 million at the time) at an average price of only $6 between January 18 and March 10, 2016. After more than 8 years of dormancy, the whale address was reactivated on November 7 and began selling, with 73,356 ETH sold so far (about $224 million), leaving 325,533 ETH (about $1.1 billion).
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
[Initial Listing] Bitget Will List Planck (PLANCK) in the Innovation, AI and DePIN Zone
Buy PLAI,Get 100% fee rebate in PLAI!
Bitget to support loan and margin functions for select assets in unified account
Bitget launches cross margin trading for BGB/USDT and BGB/USDC
