🚨 Eight years of faith comes to an end? A whale transfers 34,000 ETH to exchanges, pocketing 44 times the profit? 🚨
According to on-chain monitoring, a whale or institution that has held ETH for 8 years transferred 34,000 ETH (approximately 67.18 million USD) to exchanges 5 hours ago. This batch of ETH can be traced back to March 2017, when the whale acquired these chips through @bitfinex, @Changelly_team, and @ShapeShift, at which time ETH was only 44 USD, with a total value of only 1.5 million USD.
Key points:
🔹 Precise layout! The timing of this batch of ETH accumulation coincided perfectly with the start of the great bull market for ETH, after which the price of ETH soared to four digits.
🔹 44 times the profit! Based on the current price of 1,969 USD/ETH, this large holder has already realized an astonishing profit of 65.68 million USD!
🔹 Market impact? The entry of 34,000 ETH into exchanges, does it mean a sell-off is imminent? The market may see fluctuations in the short term!
🐳 Every move of the whale could affect the market direction! Is it selling off in batches? Or guiding a new round of capital inflow? Welcome to discuss in the comments! 📊🔥