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A long-dormant whale deposited $11.32 million worth of ETH to Coinbase in 4 hours

A long-dormant whale deposited $11.32 million worth of ETH to Coinbase in 4 hours

CointimeCointime2023/12/14 04:39
By:Cointime

According to The Data Nerd, a long-dormant whale user (address 0xab3) deposited 5,000 ETH worth $11.32 million at a price of $2,265 per ETH on the cryptocurrency exchange Coinbase four hours ago.Seven years ago, the account withdrew 25,389 ETH from the Bitfinex exchange at a price of $57.9 per ETH, with a total value of approximately $1.47 million. It is estimated that the total profit of the whale user has reached $55.83 million, or about 38 times. Currently, the user still holds 20,398 ETH in their account.

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