Just 2 hours ago, this formidable entity withdrew a hefty 2,856 ETH, valued at a staggering $11M, from Kraken.

Their journey commenced as they meticulously accumulated a substantial 35,176 ETH, worth $15M, from Kraken between October 2, 2018, and November 13, 2022, securing them at a modest $428 per ETH.

Then, seizing a moment of conviction, they deposited their entire stash back into Kraken on October 20, 2023, at a significantly higher price of $1,610 per ETH, catapulting their portfolio's value to an impressive ~$41.6M.Alas, their grand sell-off was met with mistiming, as the crypto market soon embarked on a bullish journey.

Had they held onto their assets until this moment, their profit would have swelled to an astronomical ~$122M!

Address: 0x0C64612701224FDFfd78bbde3e8f04f2A491dCeB