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Ancient whale further sold 2,202 ETH ($5.95M) for massive profits

Outflow

Total tokens transferred

Token ETH

2.202K

ETH

Token USDC

5.947M

USDC

Ancient whale 0x147 sold another 2,202 ETH for 5.947M USDC at an average price of $2,701 in the past 5 hours via the middle address 0x7b2:

 

Since its return after 4 months of silence on September 22, 2024 (6 days ago), this whale has cashed in 12,979 ETH for $34.3M worth of stablecoins as the ETH price rebounded by nearly 6%!

 

Overall, originally withdrawing 21,632 ETH from ShapeShift and Poloniex in 2016 at only $7.074 per ETH, the whale has sold a net 15,879 ETH for $43.5M at an average price of $2,739 since May.

 

Currently, the whale still holds 5,760 ETH ($15.5M) across the two wallets above, with an estimated total profit of $58.84M (x141) from ETH.

 

Fig 1. The overall ETH trading history of the ancient whale 0x147.

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