BlockBeats news, on May 13, according to on-chain analyst Yu Jin's monitoring, "the whale/institution that accumulated 120,874 ETH in September 2022" transferred the last 30,874 ETH (77.71 million USD) from the previous address to Kraken in 20 minutes to complete the clearance, with total profits reaching 131 million USD.
· They withdrew and accumulated 120,874 ETH (199.1 million USD) from Kraken in September 2022, when the ETH price was 1,647 USD.
· These ETH started to be sold for profit since May last year. Over the course of a year, they were transferred to Kraken in 6 batches, with an average price of 2,732 USD.
· Accumulated at an average price of 1,647 USD, sold over a period of 2.5 years at an average price of 2,732 USD, with total profits reaching 131 million USD.
