Ethereum Whale Earning $28.5 Million Moves

The investor, who earned approximately 30 million dollars by investing in the leading altcoin Ethereum (ETH), took action again.

According to a post by Blockchain analysis platform Spot On Chain, a whale sent 4,153 Ethereum to the Coinbase exchange. Their value per unit was approximately $2,931.

The same investor withdrew 12,423 Ethereum from the Poloniex exchange in 2016. At that time, the value of one ETH was approximately $11.

According to transaction records, the whale has deposited 9,436 Ethereum at $2,245 each onto Coinbase and Luno platforms since 2021.

It was stated that the whale, which still holds 2,566 Ethereum in its wallet, has earned a total of $28.5 million so far.