A whale who purchased ETH a year ago is now capitalizing on the price surge to secure profits.

Initially, the whale withdrew 12,906 ETH, valued at $24.39 million, from Binance when the price was $1,890 a year ago, subsequently depositing it into Lido.

Recently, during a market downturn on Apr 30, the whale withdrew 7,000 ETH from Lido and promptly deposited it back into Binance just 2 hours ago.

In total, the profit realized from these transactions on ETH exceeds $16 million!

Address:

0xc8d45cc670c6485f70528976d65f7603160be2cd