TechFlow reports, according to on-chain analyst Aunt AI, a whale that had been accumulating ETH over the past three years has now fully exited their position, realizing an estimated profit of $12.68 million.
The address starting with 0x99E accumulated 13,140 ETH between February 2021 and January 2024 at an average price of $2,075. Over the past four days, these funds were gradually transferred to an address starting with 0x957, with the final batch of 3,960 ETH completed one hour ago.
All 13,246 ETH have now been deposited into Bybit, amounting to $40.17 million at an average deposit price of $3,033.
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