After holding ETH for 8 years, a whale sells half their position, offloading 17,598 ETH for a profit of $12.65 million

Odaily报道 According to monitoring by on-chain analyst Yujin, a whale who held ETH for 8 years sold 17,598 ETH on-chain in the past hour, exchanging it for 27.245 million USDS at a sale price of $1,548. The whale initially received 37,602 ETH in February 2018, which was worth $31.16 million at an ETH price of $829. Eight years later, selling approximately half of their ETH holdings netted them a profit of $12.65 million.