On-chain monitoring picked up movement from an early crypto whale tied to 40,000 ETH from the 2015 ICO era. According to the tracked data, the wallet accumulated 7,020.84 MKR between September 2018 and May 2019 at an average withdrawal price of $828.92, for a total value of $5.81 million. After holding the position for more than seven years, the whale moved 3,510.42 MKR to a new address for the first time about four hours ago. The transferred tokens were valued at roughly $4.41 million at the time of the move, representing an unrealized gain of $1.506 million based on the monitored cost basis. The tracked address has not moved the remaining tokens out, and no sale has been observed so far. The update was cited by ChainCatcher and attributed to on-chain analyst monitoring.
ChainCatcher reported, citing on-chain analyst monitoring, that an ancient whale linked to 40,000 ETH from the 2015 ICO era had previously withdrawn 7,020.84 MKR between September 2018 and May 2019 at an average price of $828.92, with a total value of $5.81 million.
After holding the position for more than seven years, the whale transferred 3,510.42 MKR to a new address for the first time around four hours ago. The moved tokens were worth about $4.41 million, showing an unrealized profit of $1.506 million. No further transfer or sale has been detected.
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