
PANews|May 13, 2025 14:06
Giant Whale, which hoarded over 120000 ETH in 2022, completed liquidation and earned over 131 million US dollars in profits
According to the monitoring by Yu Jin, an address will transfer the remaining 30874 ETH (approximately 77.71 million US dollars) to Kraken for clearance. The address withdrew and hoarded a total of 120874 ETH from Kraken in September 2022, with a holding cost of approximately $1647 per ETH. Since May of last year, it has been sold in six installments, with an average price of $2732, over a period of approximately 2 and a half years, resulting in a cumulative profit of approximately $131 million.
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