On-chain monitor EmberCN said OG whale pinosaur.eth fully sold 9,618 ETH about six hours ago, closing a position that had been held for nine years. The stash was valued at roughly $24.58 million at the time of the sale, with total profit estimated at about $24.21 million.
According to the tracking data, the earliest trace of these holdings goes back to April 2017, when the wallet withdrew 7,459 ETH from Bitfinex. At that time, Ether was priced at just $50. The transaction marks a full exit from a long-held Ethereum position by an early holder.
According to EmberCN, OG whale pinosaur.eth fully sold 9,618 ETH about six hours ago, exiting a position that had been held for nine years. The holdings were worth about $24.58 million, and the profit was estimated at roughly $24.21 million.
The earliest trace of the ETH goes back to April 2017. Tracking data shows that pinosaur.eth withdrew 7,459 ETH from crypto exchange Bitfinex at that time, when Ether was priced at just $50.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
