Ethereum

Spot

Gains

<ul class="news-points"> 
 <li>Ethereum Whale’s transactions yield $28.5M profit, signaling savvy decisions.</li> 
 <li>ETH price action signals bullish momentum and potential upside if resistance breaks.</li> 
 <li>Bullish indicators hint at ETH price rally, resistance at $3,061.77.</li> 
</ul> 
An astute early adopter of Ethereum, identified by the address 0x2ce, has recently executed substantial transactions, garnering considerable intrigue within the cryptocurrency sphere. According to a Spot On Chain X post, this influential holder transferred 4,153 ETH, valued at $12.2 million, to Coinbase at a rate of $2,931 per ETH. 
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 3 hours ago, Early <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> holder 0x2ce deposited 4,153 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> ($12.2M) to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Coinbase</a> at $2,931. The whale withdrew 12,423 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> from <a href="https://twitter.com/hashtag/Poloneix?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Poloneix</a> at ~$11.03 ($137K) in 2016, And has deposited 9,436 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Coinbase</a> and <a href="https://twitter.com/hashtag/Luno?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Luno</a> at ~$2,245 ($21.2M) since 2021. Current holding: 2,566 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>… <a href="https://t.co/ky5g0uy2n5" target="_blank" rel="nofollow">pic.twitter.com/ky5g0uy2n5</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1789839947358155207?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 13, 2024</a>
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Moreover, in 2016, this whale disengaged 12,423 ETH from Poloniex at an approximate value of $11.03 per ETH, culminating in roughly $137,000. This early procurement of Ethereum has yielded extraordinary returns over the subsequent years. 
Since 2021, the in…
The post <a href="https://coinedition.com/ethereum-whale-gains-28-5m-profit-amid-eth-bullish-trends/">Ethereum Whale Gains $28.5M Profit Amid ETH Bullish Trends</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum Whale Gains $28.5M Profit Amid ETH Bullish Trends

Coin Edition

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