Data: A certain whale/institution transferred 10,200 ETH to Coinbase, approximately worth 24.7 million USD

According to ChainCatcher news, on-chain analyst Yu Jin monitored that a whale/institution address that had not operated for 15 months transferred all its ETH (10,281 ETH, approximately 24.7 million USD) to Coinbase 30 minutes ago, suspected to be preparing to liquidate.

His ETH was mainly withdrawn from exchanges like FTX US, Gemini, Coinbase, and Kraken at a price of $1,504 during 2022-2023. If sold, it is expected to realize a profit of 9.23 million USD.