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An Ethereum whale that had been silent for 6 years transferred $230 million worth of ETH to Bitfinex before the crash

2025-02-03 04:06

Odaily News Lookonchain data monitoring shows that before the market crash, an Ethereum whale wallet that had been silent for 6 years deposited all 77,736 ETH (worth US$228.6 million) into Bitfinex.

The wallet withdrew 77,736 ETH from Bitfinex on January 5, 2019, which was worth only about US$11.9 million at the time.