While the purchases and sales of whales in the cryptocurrency market are followed by individual investors, Lookonchain shared the last transaction of the giant Ethereum whale.
At this point, Lookochain said that the ETH whale recently deposited 5,000 ETH worth $10 million to Binance.
This whale purchased 39,257 ETH (worth $16.87 million) from the HTX exchange at $430 from October 30 to November 12, 2020. In 2021 and 2022, he deposited 29,257 ETH (worth $47.7 million) on the Binance and HTX exchanges at $1,632 and earned approximately $35 million from this ETH sale.
This ETH whale now seems to have started selling ETH again. Because the whale deposited 5,000 ETH to Binance.
Lookonchain most recently purchased 28,010 ETH ($37 million) from Binance at $1,324 between September 23 and September 28, 2022.
The whale currently has 35,000 ETH (worth $70.4 million).
“A whale/fund deposited 5K ETH ($10 million) to Binance 50 minutes ago.
This whale withdrew 39,257 ETH ($16.87 million) from HTX (Huobi) at $430 from October 30 to November 12, 2020.
Then, on April 20, 2021 and August 29, 2022, he deposited 29,257 ETH (worth $47.7 million) from Binance and HTX at an average of $1,632, resulting in approximately $35 million.
The whale also withdrew 28,010 ETH (worth $37 million) from Binance between September 23 and September 28, 2022, at an average price of $1,324.
And this whale currently has 35,000 ETH (worth $70.4 million).”
A whale/fund deposited 5K $ETH($10M) to #Binance 50 minutes ago.
This whale withdrew 39,257 $ETH($16.87M) from #HTX(Huobi) at $430 from Oct 30 to Nov 12, 2020.
Then deposited 29,257 $ETH($47.7M) to #Binance and #HTX at $1,632 on Apr 20, 2021 and Aug 29, 2022, making ~$35M. pic.twitter.com/TJR5vIPWQL
— Lookonchain (@lookonchain) November 28, 2023
ETH is trading at $2,009 at the time of writing.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/giant-whale-making-35-million-dollars-profit-on-ethereum-started-eth-sales-heres-his-last-action/