A whale that has held for 11 years transfers 135,000 ETH to Gemini, making a profit of $385 million

A whale that has held for 11 years (0x3E3…c4d) has transferred its entire holding of 135,284 ETH in batches to Gemini, with a total value of approximately $397 million. This address accumulated the aforementioned assets through Bitfinex in 2017 at an average price of around $90, and had been inactive for nearly nine years. Earlier this week, the whale first transferred 50,000 ETH, and today completed two more transfers totaling 85,283 ETH. The ETH holdings of this address have now been fully cleared, with an estimated profit of about $385 million.