Aug 28, 01:36
Dormant whale sold $WETH for $DAI after 8 years
Total tokens transferred
Early buyer, whale 0x562, sold 2,720 $WETH for 4.49M $DAI at $1,651 on average over the past 2 days:
- then saved all 4.49M $DAI with Maker DAO at the current rate of 5%
- address: 0x562236c0d4fd95e26c53ac56b7d118e420ca1716
Notably, whale 0x562 had not had any significant fund movements (partially dormant) for 8 years:
- accumulated 3,491 $ETH from ShapeShift and Poloneix at $1,058 on average ($3.7M) between August 18 and September 12, 2015 (8 years ago)
- moved out 400 $ETH ($432K) to address 0xa4145a98b12b717078b96821124d781c563511ca, allegedly for sales, on February 10, 2016
- returned to wrap 2,720 $ETH into $WETH on January 20, 2023
- sold 2,720 $WETH for 4.49M $DAI at $1,651 on average just now
- estimated total profit from $ETH: $1.22M
Fig 1. Whale 0x562 had been partially dormant for 8 years.
Fig 2. Whale 0x562 sold 2,720 $WETH for 4.49M $DAI at $1,651 on average over the past 2 days.