According to Wu's report and monitoring by Spot On Chain, two long-term ETH holders sold a total of 33,701 ETH (89.72 million USD) during the rise of ETH: Ethereum ICO whale "0xB8c" deposited 25,000 ETH (65.67 million USD) to Kraken at a price of about 2,627 USD, leaving 64,450 ETH (181.2 million USD); whale "0x0c1" was activated after being dormant for 8.75 years, selling 8,701 ETH at a price of about 2,764 USD to obtain 24.05 million USDC, leaving 2,304 ETH (6.48 million USD), making a profit of 30.48 million USD (689 times).