EyeOnChain
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Bearish
Whale Wakes Up After 8 Years — Saying Bye-Bye to ETH?
After 8 years of total silence, a legendary ETH whale has finally made a move — and it looks like a farewell tour.
Today, the whale deposited 247.93 $ETH ($443.96K) into Coinbase, a likely signal to cash out. But that’s not all — they also moved the remaining 10,856 ETH ($19.53M) to a fresh wallet, maybe for safekeeping... or a new plan?
Here's the backstory:
This OG whale bought 11,104 #ETH back in 2017 for just $2.5M (around $226 each). Fast forward to now — they’re sitting on a $17.5M profit.
Original Address: 0x21786202E5a25E5cCa759939c7D56D428dBEE352
New Wallet: 0x23FB435DD0D25718A80EA105AB63C27567BD4661
Will this be a slow exit... or is the rest about to hit the market? Either way, the ETH world is watching.
After 8 years of total silence, a legendary ETH whale has finally made a move — and it looks like a farewell tour.
Today, the whale deposited 247.93 $ETH ($443.96K) into Coinbase, a likely signal to cash out. But that’s not all — they also moved the remaining 10,856 ETH ($19.53M) to a fresh wallet, maybe for safekeeping... or a new plan?
Here's the backstory:
This OG whale bought 11,104 #ETH back in 2017 for just $2.5M (around $226 each). Fast forward to now — they’re sitting on a $17.5M profit.
Original Address: 0x21786202E5a25E5cCa759939c7D56D428dBEE352
New Wallet: 0x23FB435DD0D25718A80EA105AB63C27567BD4661
Will this be a slow exit... or is the rest about to hit the market? Either way, the ETH world is watching.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
