An Ethereum whale or institution that had held ETH for three years continued taking profit 9 hours ago, according to on-chain tracker Ember. The address moved 30,825 ETH, valued at $83.03 million, to Bitfinex in the latest transfer. Over the past week, the same holder sent a total of 112,053 ETH to the exchange, worth about $300 million based on the figures cited in the report, and realized $72.83 million in profit. Ember’s data also traced the position back to 2023, when the whale or institution withdrew 130,592 ETH from Bitfinex for $264 million at an average price of $2,026 per ETH. PANews said the information was provided for market reference only and did not constitute investment advice.
Weekly transfers to Bitfinex reached 112,053 ETH
PANews reported on Sept. 27, citing Ember monitoring, that an Ethereum whale or institution that had held ETH for three years continued taking profit 9 hours ago by moving 30,825 ETH to Bitfinex. The transfer was valued at $83.03 million.
Ember said the whale or institution has sent a total of 112,053 ETH to Bitfinex over the past week. Based on the figures in the report, those transfers were worth about $300 million, with realized profit reaching $72.83 million.
The position dates back to 2023
According to the same data, the whale or institution withdrew 130,592 ETH from Bitfinex in 2023. The position was valued at $264 million at the time, with an average entry price of $2,026 per ETH.
PANews said the content was for market information only and did not constitute investment advice.
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