According to Odaily Planet Daily, on-chain analyst Ember monitored that an ancient whale who received 16,636 ETH from ShapeShift at a unit price of US$5.23 in February 2016 began to sell these ETH after 8 and a half years.
He held on to the ETH after receiving it until 4 hours ago when he transferred the 16,636 ETH ($39.62 million) to the 0xe3e...566 address and then sold 350 ETH for $2,340.
The 16,636 ETH he received were worth only $87,135 at the time, but now they are worth as much as $38.92 million, a 446-fold increase.
