Whale Sells $ETH After 8 Years of Dormancy | Flash News Detail | Blockchain.News

Whale Sells $ETH After 8 Years of Dormancy

9/16/2024 1:58:10 AM

Whale Sells $ETH After 8 Years of Dormancy

According to Spot On Chain, a long-dormant whale who made a $38 million profit by holding $ETH for 8 years has begun selling their holdings. The whale, identified as '0x996,' withdrew 16,636 $ETH from ShapeShift between January 19 and February 23, 2016, when the price was approximately $5.24 per ETH. The total cost at that time was around $87,136. This recent sale could signal a significant market movement. (Source)

whale $ETH Spot On Chain ShapeShift 0x996

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