An ETH whale who built a position in 2015 has transferred a cumulative ~12,200 ETH to exchanges.
Original headline2015 年建仓的 ETH 巨鲸累计向交易所转入约 1.22 万枚 ETH
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A 2015-era Ethereum whale has moved roughly 12,163.52 ETH, worth about $28.54 million, to exchanges since September 29 at an average deposit price of $2,346.87, according to on-chain monitoring by Ai Yi. About 7,507.52 ETH of that total was transferred in the past nine hours and appears to have been sold, implying an estimated profit of roughly $15.93 million. The wallet originally accumulated 37,000 ETH at about $1.50 per token, with funding traced to assets withdrawn from ShapeShift in August 2015. The transfers matter because they represent a large, low-cost holder realizing gains and adding sell-side supply to exchange order books. Traders will watch whether the remaining roughly 24,800 ETH in the wallet follows to exchanges and whether the deposits are absorbed without pressuring ETH prices.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), Ai 姨, ShapeShift
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