🐸Can #Pepe Coin Price Survive A $38M Dormant Whale Dumping $ETH ❓
A huge Ethereum whale that has been dormant for eight years is awakening. Spot Onchain detected moving its large ETH holdings, potentially positioning to sell.
The whale potentially bought 16,636 $ETH at sub-5 prices and, in 2016, transferred them out of the ShapeShift exchange. The Ether price was valued at $87,136 on the transfer day, around $5.24 per ETH. The whale has held until today, accruing a total profit of 436X (43,600%) in less than ten years.
