In 2022, the giant whale accumulated over 120000 ETH and completed clearance, earning over 131 million US dollars in profits

PANews|May 13, 2025 13:28
According to Yu Jin Monitoring, an address transferred the remaining 30874 ETH (approximately 77.71 million US dollars) to Kraken within 20 minutes to complete clearance. The address withdrew and hoarded a total of 120874 ETH from Kraken in September 2022, with a holding cost of approximately $1647 per ETH. Since May of last year, it has been sold in six installments, with an average price of $2732, over a period of approximately 2 and a half years, resulting in a cumulative profit of approximately $131 million.
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