Bought at $0.311, now up 7400 times! An ancient ETH whale, dormant for 11 years, suddenly transferred out 5000 ETH.

The ancient ETH whale, which had been dormant for 11 years, has suddenly awakened! Some of the ETH purchased for only $31,100 back then has now flowed to exchanges, attracting market attention. On October 26, according to monitoring, this whale purchased 100,000 ETH in 2015 at a price of $0.311, with a total cost of approximately $31,100. In 2016, the whale sold 50,000 ETH at an average price of $5.47, cashing out approximately $274,000, and then held the remaining 50,000 ETH for the long term. About 11 years later, the address suddenly transferred out 5,000 ETH in just two hours, of which 1,500 went to centralized exchanges, worth about $3.45 million. Based on the ETH valuation of approximately $2,300 at the time of this transfer, its price has increased by about 7,400 times compared to the initial cost! It is worth noting that at present, only the transfer of funds to the exchange has been confirmed, and there is no evidence yet to suggest that the whale has completed the sale. For the ETH market, the influx of ancient tokens into exchanges may increase potential selling pressure, but it does not mean that a sell-off will necessarily occur. After 11 years of holding on and a 7,400-fold price increase, is this ancient whale ready to cash in its wealth, or is it merely beginning to adjust its massive holdings? To track ETH fund flows, order book changes, and market trends in real time, you can register on Binance via the AiCoin exclusive link: 👉https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=3 Risk Warning: The views, conclusions, and suggestions in this article are for reference only and do not constitute investment advice. Investing involves risks; please invest cautiously.