TechFlow news, August 9: According to monitoring by analyst Yu Jin, an address that has held ETH for eight years sold 3,280 ETH (approximately $13.38 million) two hours ago. This address withdrew and accumulated 3,865 ETH from Kraken in early 2017, when it was worth about $50,000 at an ETH price of around $13. Since then, the address has gradually sold 565 ETH, holding the majority of its ETH until today—eight years later—at a sale price of $4,079 per ETH, turning the initial $50,000 investment into $14.43 million, achieving approximately 288x profit.
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