A long-term holder whale who hoarded 21,662 ETH 8 years ago transferred 4,123 ETH ($10.51M) to Gemini 9 hours ago when ETH surged close to $2,600.

This address accumulated 21,662 ETH through Gemini and Kraken in 2017, at an average price of about $569.

Since 2024, he has gradually transferred ETH to Gemini, but the amounts were relatively small before, in the tens or hundreds. The transfer made early this morning is the largest in quantity.

As of now, he has transferred a total of 6,361 ETH ($16.03M) to Gemini, at an average price of about $2,520.

This has completely covered his cost ($12.33M), and the remaining 13,538 ETH ($34.94M) he still holds is all profit.

Address👉:0xe5928C550B8d5b196db62687BeF741Ed627907FC