Data: A certain whale transferred 8,600 ETH to Coinbase, with an unrealized profit of 21.25 million dollars

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, 30 minutes ago, a whale/institutional address that made a large purchase of ETH in 2016 transferred 8,600 ETH (approximately 21.36 million USD) to Coinbase. If sold entirely, it would yield a profit of 21.25 million USD.

It is reported that this address transferred out 172,707 ETH from Poloniex and contract addresses 7 years ago (from July to August 2016), with an average cost of 12.83 USD. Before the transfer, the whale held 47,017 ETH, with an unrealized profit of 116 million USD. Additionally, since 2024, this whale has cumulatively transferred 13,200 ETH (approximately 3.147 million USD) to Coinbase.