A whale transferred 16,467 ETH to HTX after 4.25 years of holding, with an expected profit of $13.10 million
According to Spot On Chain, a whale transferred 16,467 ETH worth about $30.33 million to HTX eight hours ago, which has been held for 4.25 years.
The whale accumulated these Ethereum in two installments: on March 16, 2023, it bought 7,116 ETH from Coinbase, which was priced at around $1,658 at the time; and on December 9, 2020, it bought 9,298 ETH from Binance, HTX, and Bitstamp, which was priced at around $560 at the time.
If sold in full at the current price of $1,842, the whale is expected to make a profit of about $13.10 million, yielding 76%.