Whale Holding 101,000 ETH for 5 Years Transfers 40,251 ETH to CEX, Realizing $204.9 Million in Profits

According to monitoring by Yu Jin, a whale or institution that has held 101,000 ETH for five years with an average cost of only $660 transferred 40,251 ETH (approximately $124 million) to the Bitstamp exchange within the last 24 hours. Among these, 26,000 ETH (approximately $80.16 million) were transferred one hour ago.

The address (0xCADE...e0F2) accumulated 101,000 ETH from Binance and Bitstamp five years ago. So far, 75,200 ETH (approximately $254 million) have been transferred to exchanges at an average transfer price of $3,383, realizing a profit of $204.9 million. The address currently still holds 26,000 ETH (approximately $80.16 million).