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A certain whale transferred the last 11638.9 ETH to CEX 7 hours ago, with an estimated total return on ETH investment reaching $146 million USD

A certain whale transferred the last 11638.9 ETH to CEX 7 hours ago, with an estimated total return on ETH investment reaching $146 million USD

Bitget2024/12/09 02:00

According to on-chain analyst Yu Jin, a whale who withdrew 96,638.9 ETH from CEX at a price of $1,567 in 2022 completed the last transfer/sale of ETH seven hours ago: transferring 11,638.9 ETH ($46.4 million) into CEX.

Thus, he withdrew 96,638.9 ETH from CEX at a price of $1,567 in 2022 and sold/transferred all through eight transactions over nine months from March to December this year. The average price was $3,078.

In total, his two-year investment in ETH has yielded approximately $146 million (+96%), effectively doubling his initial investment.

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