TechFlow news — On March 2, according to on-chain analyst Ai Aunt (@ai_9684xtpa), an ancient whale who acquired 20,000 ETH during the Ethereum ICO has transferred another 1,024 ETH to the Kraken exchange, seemingly preparing for a sell-off.
The whale's average acquisition cost for ETH is approximately $0.31. If all holdings are sold, the profit would amount to about $2.296 million. Over the past six days, this address has already sold a total of 7,070 ETH, worth around $18.63 million.
According to Ai Aunt's monitoring, the ancient whale has now fully liquidated their position, with total profits potentially exceeding $80 million.
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