Ethereum

Bitcoin

Million

Giant

The leading cryptocurrency Bitcoin rose above $42,000 with its latest rise.
While this rally in BTC was accompanied by altcoins, the largest altcoin Ethereum (ETH) rose to the $ 2,200 level.
While some investors turned these rises into opportunities and sold profits, the latest sales news came from Lookonchain.
According to Lookonchain's post, a whale that had been sleeping for five years moved approximately $90 million worth of ETH to sell.
Accordingly, the whale, one of the early ETH investors, deposited all 39,260 Ethereum into Kraken after being inactive for 5 years.
Stating that the whale bought the ETHs between June and August 2027, Lookonchain said that the whale bought the ETHs at approximately $ 240.
<blockquote>
 “An early Ethereum investor appears to be selling ETH again after being inactive for 5 years.
 Whale deposited all 39,260 ETH worth $87.5 million to Kraken 30 minutes ago.
 Whale bought 47,260 ETH (valued at $11.34 million) between June and August 2017 at around $240.
 “If Balina sells these ETHs, she will make a profit of approximately 78 million dollars.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 An early <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> whale appears to be selling ETH again after being dormant for 5 years.
 The whale deposited all 39,260 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($87.5M) to <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Kraken</a> 30 mins ago.
 The whale received 47,260 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($11.34M) at ~$240 from June to August 2017.
 If sold the whale would make a profit of ~$78M. <a href="https://t.co/v0PI4LNTKO" rel="noopener noreferrer nofollow">pic.twitter.com/v0PI4LNTKO</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1731898303527186562?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 5, 2023</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/the-sleeping-giant-ethereum-whale-awakened-after-five-years-made-a-transaction-of-90-million-dollars/" rel="noopener noreferrer nofollow">The Sleeping Giant Ethereum Whale Awakened After Five Years! Made a Transaction of 90 Million Dollars!</a>

The Sleeping Giant Ethereum Whale Awakened After Five Years! Made a Transaction of 90 Million Dollars!

Bitcoin Sistemi EN

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