After Holding for Four and a Half Years, Whale Cashes Out 8,250 ETH, Realizing $4.58 Million in Profits
According to on-chain analyst Ember (@EmberCN), a whale or institution that has held the asset for four and a half years transferred all 8,250 ETH to the Coinhako exchange one hour ago to take profits. The address established its position in early 2022 via Binance withdrawals and on-chain purchases, with an average entry price of approximately $2,202. It sold the entire holdings today at $2,758, realizing a profit of around $4.58 million over the holding period, representing a gain of approximately 25%.
