Suspecting liquidation, an address that accumulated 130,000 ETH in 2023 has transferred 129,000 ETH to exchanges in the past week

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