$ETH A whale, dormant for eight months, has resurfaced, depositing 1,383 $ETH—valued at $5.39 million—into MEXC, locking in a $4.32 million profit.
Originally, they withdrew 2,768 $ETH for $6.45 million, and now hold 1,384 $ETH, also worth $5.39 million at Ethereum’s current price of around $3,896, per CoinGecko. This move suggests a well-timed cash-out, possibly capitalizing on $ETH’s recent surge driven by Fusaka upgrade hype, while keeping a sizable stake for future plays.
What’s your take—is this whale nailing the market’s peak, or holding that remaining $ETH for a bigger payoff?