TechFlow news, on March 14, according to monitoring by Spot On Chain, a whale transferred 16,467 ETH worth approximately $30.33 million to HTX eight hours ago. These funds had been held for as long as 4.25 years.
The whale accumulated these Ethereum holdings in two batches: purchasing 7,116 ETH from Coinbase on March 16, 2023, at a price of about $1,658; and acquiring 9,298 ETH from Binance, HTX, and Bitstamp on December 9, 2020, when the ETH price was around $560.
If sold entirely at the current price of $1,842, the whale is expected to realize a profit of approximately $13.1 million, representing a 76% return on investment.
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