TechFlow news, January 12 — according to analyst Yujin's monitoring, a whale/institution that had held 101,000 ETH for five years at an average cost of just $660 completed liquidation four hours ago, transferring the remaining 26,000 ETH (worth $80.88 million) into the Bitstamp exchange.
This whale/institution accumulated 101,000 ETH five years ago at an average price of $660 and recently sold off at an average price of $3,313, realizing a profit of $269 million.
An ETH whale with a cost basis as low as $660 liquidates holdings, pocketing $269 million in profit
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