ChainCatcher reported, citing on-chain tracker Ember Monitor, that a whale or institution that had held ETH for three years continued taking profit 9 hours ago by moving 30,825 ETH worth about $83.03 million. Over the past week, the same holder transferred a total of 112,053 ETH to Bitfinex, valued at roughly $300 million, realizing $72.83 million in profit. Ember Monitor also said the whale or institution had withdrawn 130,592 ETH from Bitfinex in 2023, when the position was worth $264 million at an average price of $2,026 per ETH. The figures point to a continued round of profit-taking tied to a long-held ETH position.
According to ChainCatcher, citing on-chain tracker Ember Monitor, a whale or institution that had held ETH for three years continued taking profit 9 hours ago, moving 30,825 ETH to Bitfinex. The transfer was valued at about $83.03 million.
Over the past week, the same holder sent a total of 112,053 ETH to Bitfinex, worth roughly $300 million, and realized $72.83 million in profit.
Ember Monitor said the whale or institution had withdrawn 130,592 ETH from Bitfinex in 2023. At that time, the holdings were worth $264 million, with an average price of $2,026 per ETH.
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