2016 ETH Ancient Whale Suspected of Selling: Cost Basis Only $11.61, Estimated Profit Over $36.21 Million If Sold

Odaily News: According to Ai Yi monitoring, an early ETH holder from 2016 has shown fund movement again after approximately 6 months, depositing 13,330 ETH to Coinbase 2 hours ago, worth about $36.37 million, at a deposit price of $2,728.59.

The address's ETH cost basis was as low as $11.61. If all tokens deposited this time are sold, the estimated profit would exceed $36.21 million, with a return rate of approximately 23,402%.