Ether Whale Unloads 112k Coins on Bitfinex for $72M Profit

A large Ether holder has made significant profit-taking moves over the past week. The holder transferred a total of 112,053 ETH to Bitfinex, taking an estimated $72.83 million in profits.

This is not a one-time event; the same entity had previously withdrawn 130,592 ETH from Bitfinex in 2023 at an average price of $2,026.

The recent transfers represent roughly 30% of the total amount withdrawn from Bitfinex in 2023. The holder has been holding these tokens for approximately three years.