TechFlow news, January 10 — According to on-chain analyst EmberCN (@EmberCN), a whale who has held 101,000 ETH for five years transferred 40,251 ETH (approximately $124 million) to the Bitstamp exchange within the past day. The most recent transaction from this address occurred one hour ago, sending 26,000 ETH (around $80.16 million) to Bitstamp.
This address accumulated 101,000 ETH from Binance and Bitstamp five years ago at an average cost of about $660. So far, 75,200 ETH (worth approximately $254 million) have been moved to exchanges at an average price of $3,383, realizing around $204.9 million in profit. The address still holds 26,000 ETH (worth about $80.16 million).
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