Significant Ethereum Movement from 8-Year-Old Wallet to Binance | Flash News Detail | Blockchain.News

Significant Ethereum Movement from 8-Year-Old Wallet to Binance

12/11/2024 8:54:56 AM

Significant Ethereum Movement from 8-Year-Old Wallet to Binance

According to OnchainDataNerd, an 8-year-old wallet has recently deposited 680 ETH, valued at approximately $2.5 million, to Binance. This wallet originally accumulated a total of 10,678 ETH eight years ago at an average purchase price of $49.57 per ETH. If the owner sold the deposited ETH, they would realize a profit of around $2.46 million. The wallet still holds 3,228 ETH, which is currently valued at about $11.88 million. This movement of funds could indicate a potential sell-off or strategic repositioning in the market. (Source)

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