ETH Whale Takes Massive Profits After 3-Year Hold, Gaining Over $72 Million in a Week

TechFlow reports: On September 27, on-chain analyst @EmberCN monitored that a whale/institution continued to deposit 30,825 ETH (approximately $83.03 million) to Bitfinex to take profits 9 hours ago, with cumulative deposits reaching 112,053 ETH (approximately $300 million) over the past week. The address originally withdrew 130,592 ETH (approximately $264 million) from Bitfinex in 2023 at an average price of $2,026 and is now selling off at an average price of $2,676, for a total profit of approximately $72.83 million.