Crypto
Ethereum Whale Transfers 6,595 ETH to Coinbase After One Year
A significant Ethereum holder, known as a whale, has transferred 6,595.2 Ether to Coinbase after holding the asset for approximately one year.
The deposit was valued at around $17.57 million and represents a loss of about $2.443 million for the wallet's holdings, which are now down 12.3% since their peak.
A portion of the deposited amount had previously been withdrawn from exchanges between June and August 2025 at an average price of $3,040.40 per Ether.