Suspected full liquidation: An address that accumulated 130,000 ETH in 2023 has transferred 129,000 ETH to exchanges in the past week

According to Odaily, monitoring by Ai Yi shows that an address which accumulated 130,591 ETH in 2023 transferred another 16,919 ETH, worth $45.85 million, to an exchange 3 hours ago. Over the past week, this address has transferred a cumulative 128,972.05 ETH, worth approximately $345 million, to exchanges, with an average transfer price of $2,680.31. If sold, the estimated profit would be $84.31 million. After this latest transfer, the address's on-chain ETH balance has been emptied.