A whale that held 101,000 ETH for five years transferred 40,251 ETH to a centralized exchange, making a profit of $204.9 million.

according to Ember monitoring, a whale or institution holding 101,000 ETH for 5 years with an average cost of only $660 recently transferred 40,251 ETH (about $124 million) to an exchange within the last 24 hours. Among them, 26,000 ETH (about $80.16 million) was transferred 1 hour ago. This address (0xCADE...e0F2) accumulated 101,000 ETH from an exchange 5 years ago. So far, 75,200 ETH (about $254 million) has been transferred to the exchange at an average price of $3,383, realizing a profit of $204.9 million. This address still holds 26,000 ETH (about $80.16 million).