Dormant Whales Deposit 3,492 $ETH to Kraken for Significant Profits!

Two dormant whales have recently deposited a combined total of 3,492 ETH, worth approximately $11.77 million, to Kraken at around $3,372 per ETH, potentially to realize substantial profits.

Whale 0x4dc:

Deposit: 1,492 ETH ($5.03 million)

Address: 0x4dcc3b4e0e620307eb827896e5699b124cc8d5a4

Profit Estimate: If selling now, the whale would realize an estimated profit of $3.23 million (+179%) after holding for 1 year and 7 months.

Whale 0xBa8:

Deposit: 2,000 ETH ($6.74 million)

Address: 0xBa8b730E33f70913F4c6c76518AfC630509fB252

Cost Basis: Withdrew the ETH from Coinbase at $1,719 per ETH (totaling $3.44 million) on March 27, 2023.

Profit Estimate: If selling now, the whale would realize an estimated profit of $3.3 million (+96.1%) after holding for 1 year and 3 months.