Ancient Ethereum Whale Sells 13,330 ETH for $36.21 Million Profit

An Ethereum whale that had remained inactive for six months has allegedly sold a large portion of its holdings. According to on-chain analyst Aunt Ai (@ai_9684xtpa), this ancient whale acquired ETH at a cost of just $11.61 per token. The address in question deposited 13,330 ETH into Coinbase two hours ago, valued at around $36.37 million at a price of $2,728.59 per ETH.

If the deposit was intended for sale, the transaction is expected to yield a profit of approximately $36.21 million. This represents a staggering return on investment of up to 23,402%. The sale comes after a long period of inactivity, suggesting a strategic move by the whale.

The information was reported by Huo Xing Finance, with a disclaimer noting that the details may have been obtained from third parties and do not necessarily reflect the views or opinions of KuCoin. The content is provided for general informational purposes only and should not be construed as financial or investment advice.