A whale liquidated 2,538 Ethereum held for 6 years, earning a profit of $11.13 million.
According to ChainCatcher, on-chain analyst Ember (@EmberCN) has monitored that a whale has liquidated all of their Ethereum holdings after 6 years, earning a profit of $11.13 million with a 20x return on investment.
Data shows that this whale accumulated 2,817 ETH through an exchange in September 2019, when the price of Ethereum was $210, with a total value of $590,000. Six hours ago, the whale transferred 2,538 ETH (worth $10.47 million) to an exchange for a complete liquidation, at a liquidation price of $4,163.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
These Alts Bleed the Most as Bitcoin (BTC) Settles Below $82K: Weekend Watch
New York Fed warns: Service sector input and sales prices surge, significant price pressure
A survey by the New York Federal Reserve shows that service sector input costs and prices in October rose sharply, while the business activity index fell to its lowest level since March. Businesses have turned pessimistic about the outlook, with increasing inflation and interest rate pressures.
Boeing (BA.US) Max 10 certification expected to be announced next week, adding new leverage for debt relief
The Boeing 737 Max 10 has completed key certification meetings and could be approved as early as next week. As Boeing's largest variant to rival Airbus, this model will help airlines replace aging 757s and is expected to become a cash cow for Boeing to reduce its debt.
Crypto prices
More
