A giant whale address sold 8,982 ETH after 10 months of holding for a profit of about $3 million
A giant whale address sold its holdings of 8,982 ETH (worth about $22.93 million) for a profit of about $3 million after a 10-month wait, according to monitoring data. On 6 January this year, the address withdrew 8,800 ETH from the cex platform and pledged it, and as recently as 17 and 25 October, he deposited the entire 8,982 ETH into cex, which would have resulted in a potential profit of more than $16 million if the address had chosen to sell off at the March high.
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