Article / PANews

A certain whale held 52,000 ETH for less than three months; if sold at the current price, it could profit $24.48 million.

PANews October 14 news, according to on-chain analyst Ai Yi's monitoring, an entity or whale has cumulatively received 52,001 ETH from Galaxy Digital's over-the-counter (OTC) channel since July 23, valued at approximately $112 million at the price at the time, with an average entry price of about $2,161.

The address subsequently transferred ETH in batches to Galaxy Digital's deposit address, with the most recent transfer occurring about 7 hours ago. If sold at a price of $2,632, it is estimated to yield a profit of about $24.48 million, a return rate of about 21.8%. It is currently not possible to confirm whether the relevant ETH has actually been sold.

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