It's over—the ancient whale is back to dump on the market!!
A wallet (0x8729…) transferred about 7,507.52 $ETH to an exchange over roughly two hours early this morning. Based on the price at the time of deposit, that's roughly worth $15.95 million. These coins can be traced back to as early as August 2015, when they were worth about $1.50 each.
From August 14 to 19, 2015, three early wallets withdrew about 37,064 ETH from an exchange platform. After changing hands several times, the coins weren't consolidated at this address until the end of 2021. About 40,760 ETH were transferred in at the time, including around 3,700 ETH withdrawn from elsewhere in 2016.
From September 29 to October 1, it first transferred 4,656 ETH to an exchange. Early this morning, it transferred another 7,507.52 ETH, bringing the total to about 12,163.52 ETH.
Based on the prices at the time of deposit, that's roughly $28.52 million, at an average price of about $2,344. What the hell does “transferring to an exchange doesn't mean it's been sold” even mean? If they don't sell, are they going long with ETH as the unit of account or what??
If sold, just today's 7,507.52 ETH would bring in roughly $15.94 million in profit, based on a cost of about $1.50 per coin.
Whenever the market's bad, here comes more FUD. It's over, there's no hope!
#CPI前瞻，12月利率走向迎关键考验
A wallet (0x8729…) transferred about 7,507.52 $ETH to an exchange over roughly two hours early this morning. Based on the price at the time of deposit, that's roughly worth $15.95 million. These coins can be traced back to as early as August 2015, when they were worth about $1.50 each.
From August 14 to 19, 2015, three early wallets withdrew about 37,064 ETH from an exchange platform. After changing hands several times, the coins weren't consolidated at this address until the end of 2021. About 40,760 ETH were transferred in at the time, including around 3,700 ETH withdrawn from elsewhere in 2016.
From September 29 to October 1, it first transferred 4,656 ETH to an exchange. Early this morning, it transferred another 7,507.52 ETH, bringing the total to about 12,163.52 ETH.
Based on the prices at the time of deposit, that's roughly $28.52 million, at an average price of about $2,344. What the hell does “transferring to an exchange doesn't mean it's been sold” even mean? If they don't sell, are they going long with ETH as the unit of account or what??
If sold, just today's 7,507.52 ETH would bring in roughly $15.94 million in profit, based on a cost of about $1.50 per coin.
Whenever the market's bad, here comes more FUD. It's over, there's no hope!
#CPI前瞻，12月利率走向迎关键考验
