Sign in

Language
English

Dark mode

Token DAI
Token ETH
Token WETH

Aug 28, 01:36

SOC logo

SOC Team

Dormant whale sold $WETH for $DAI after 8 years

Outflow

Total tokens transferred

Token WETH

2.72K

WETH

Token DAI

4.491M

DAI

Early buyer, whale 0x562, sold 2,720 $WETH for 4.49M $DAI at $1,651 on average over the past 2 days:

 

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.

#weth
#eth
#dai
#whale
#dormant
#early buyer
#maker dao