An ancient whale transferred 16,600 ETH 4 hours ago and sold 350 of them
According to on-chain analyst Ember Monitor, an ancient whale that received 16,636 ETH from ShapeShift at $5.23 per unit in February 2016 began selling these ETH after a lapse of 8 1/2 years. He held the ETH after receiving it until he transferred the 16,636 ETH (about $39.62 million) to the 0xe3e... 566 address 4 hours ago, and then sold 350 ETH for $2,340. He received the 16,636 ETH worth only $87,135 at the time, and now it is worth as much as $38.92 million, an increase of 446 times.