Early ETH Whale Sells Entire Holdings for $58 Million Profit | Flash News Detail | Blockchain.News

Early ETH Whale Sells Entire Holdings for $58 Million Profit

10/1/2024 9:50:16 AM

Early ETH Whale Sells Entire Holdings for $58 Million Profit

According to @EmberCN, an early Ethereum (ETH) whale who accumulated 21,636 ETH in 2016 at a price of $6.9 each has sold all of their holdings 5 hours ago, netting a profit of $58 million (387x return). The whale initially invested $149,800 in 2016 and has now sold the ETH at an average price of $2,688 each, resulting in a total return of $58.14 million. Currently, the whale holds $49.5 million in cash. (Source)

Ethereum ETH whale profit 2016

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