Stayed still for 4 years—then one move is $356 million: what does this Ethereum whale want to do?
In 2015, during Ethereum’s ICO, someone bought 560,000 ETH at $0.31 per coin, purchasing $ETH . After 9 years, today ETH is around $2,670, yielding an 86-fold return.
In 9 years, he only did one thing: do nothing
From 2015 until now, this whale has hardly moved the ETH in his holdings.
The last time he made a single transfer worth over 100 million, it was already 4 years ago.
Just now, he woke up
About 6 hours ago, he transferred 133,298 ETH—worth $356 million—to a brand-new address.
This is one of the biggest moves he’s made in 9 years.
Now the most exciting question
Is he going to dump the market, or is he just moving wallets?
If it’s only a wallet change, then nothing happens
If he’s planning to sell, then the $356 million sell-pressure must be absorbed by the market
Let’s talk in the comments: what do you think he’s going to do next?
In 2015, during Ethereum’s ICO, someone bought 560,000 ETH at $0.31 per coin, purchasing $ETH . After 9 years, today ETH is around $2,670, yielding an 86-fold return.
In 9 years, he only did one thing: do nothing
From 2015 until now, this whale has hardly moved the ETH in his holdings.
The last time he made a single transfer worth over 100 million, it was already 4 years ago.
Just now, he woke up
About 6 hours ago, he transferred 133,298 ETH—worth $356 million—to a brand-new address.
This is one of the biggest moves he’s made in 9 years.
Now the most exciting question
Is he going to dump the market, or is he just moving wallets?
If it’s only a wallet change, then nothing happens
If he’s planning to sell, then the $356 million sell-pressure must be absorbed by the market
Let’s talk in the comments: what do you think he’s going to do next?
