Whale 0xe21 Awakens: Deposits 1,118 ETH ($3.74M) to Binance After Over a Year of Dormancy

Key Details:

Whale: 0xe21

Deposit: 1,118 $ETH ($3.74M) to Binance

Transaction: 0xbcb050b9d4d8307612f9541f288a85e8d43e7b4192e9164fca16cca50a35e60a

Address: 0xe21567509a314e1d33083835c716b249f2132c01

Background:

Previous Withdrawal: The whale withdrew these ETH tokens from Binance at $1,755 each (estimated cost: $1.96M) on June 10, 2023.

Potential Profit: If selling now, the whale would realize an estimated profit of $1.78M (+90.6%) after over a year.

Earlier Activity: The whale suffered a small loss of $65.9K (-4.22%) from a quick ETH trade between December 13 and 16, 2022. Despite the loss, the whale unloaded ETH right before the price plummeted, successfully avoiding further losses.

This move could indicate a strategic decision by the whale, potentially signaling market trends. Stay tuned for more updates on significant whale activities and market movements!