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Token ETH

Mar 06, 2024

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Giant whale deposited ETH to Bitfinex after 3 years of dormancy

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Total tokens transferred

Token ETH

10K

ETH

Gigantic whale 0xd98 just deposited 10,000 ETH ($38.5M) to Bitfinex at $3,850 after over 3 years of dormancy:

 

Notably, the whale withdrew 110,180 ETH from Bitfinex at only $1,386 (estimated cost: $153M) on January 21, 2021. Truly selling now would bring the whale the first $24.3M (+177%) in realized profit after 3 years.

 

Currently, the whale still holds 100,180 ETH ($385M) with another $246M in unrealized profit.

 

Fig 1. Gigantic whale 0xd98 just deposited 10,000 ETH ($38.5M) to Bitfinex at $3,850 after over 3 years of dormancy.

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