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The whales who have built up a position of 27,332 ETH in the past nine months are reducing their positions to take profits, with a total profit of about US$27.8 million

2024-07-04 07:23
Odaily News According to on-chain analyst @ai_9684xtpa, the whale who built a position of 27,332 ETH at an average price of $2,210 in the past nine months is reducing his position to take profits, with a total profit of about $27.8 million. The whale continued to buy ETH from exchanges and chains from September 30, 2023 to June 10, 2024, accumulating a total of $60.4 million worth of ETH. Two weeks ago, he began to recharge 8,865 ETH to Binance in batches (from $3,492 to $3,198), with a total value of $29.3 million. If sold, he would make a profit of $9.72 million; the most recent recharge was an hour ago, with 2,065 ETH recharged; the remaining 18,427 ETH still has a floating profit of $18.08 million.