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Token ETH
Token WETH

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Dormant whale sold $30.56M worth of ETH after 8.75 years

Outflow

Total tokens transferred

Token WETH

11.005K

WETH

Token USDC

30.558M

USDC

Whale 0x01c returned after 8.75 years of dormancy to sell 11,005 ETH for 30.558M USDC at an average price of $2,777 in the past 3 hours:

 

Notably, the whale withdrew those ETH tokens from ShapeShift at an average price of only $4.022 (estimated cost: $44.27K) on February 17, 2016. After the above sales, the whale would realize an estimated profit of $30.51M (689x return).

 

The ETH price surged 13.75% in the past 24 hours as the market rallied after President Donald Trump's election victory.

 

Fig 1. Whale 0x01c sold all 11,005 ETH for 30.558M USDC just now.

 

Fig 2. Whale 0x01c withdrew 11,005 ETH (then $44.27K) from ShapeShift in 2016.

#dormant
#eth
#weth
#ethereum
#sell
#profit
#massive