Data: In 2022, whales/institutions that hoarded 120,874 ETH cleared their positions, with a total profit of 131 million USD

2025-05-13 21:31:50
Collection

ChainCatcher news, according to analyst Yu Jin's monitoring, an address transferred the remaining 30,874 ETH (approximately 77.71 million USD) to Kraken for liquidation within 20 minutes. This address withdrew a total of 120,874 ETH from Kraken in September 2022 and has been hoarding it, with an average holding cost of about 1,647 USD per ETH. Since May of last year, it has sold in 6 batches at an average price of 2,732 USD, over a period of about 2 and a half years, resulting in a total profit of approximately 131 million USD.

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