The ancient whale that built a position of nearly 400,000 ETH in 2016 has sold more than 70,000 ETH, worth $224 million

Odaily News According to Lookonchain monitoring, a whale address accumulated 398,889 ETH (worth $2.4 million at the time) between January 18 and March 10, 2016, with an average price of only $6. After more than 8 years of dormancy, the whale address became active again on November 7 and began selling ETH. So far, 73,356 ETH (about $224 million) has been sold, leaving 325,533 ETH (about $1.1 billion).