⚠️A whale deposited 10K $ETH (34.2 million USD) into cryptocurrency exchange Kraken, right before ETH price plummeted📉

Whales' estimated total profit from ETH is:

- Bought 96,639 ETH for 1,580 USD (August to September 2022) = 152.6 million USD

- Sold 40,000 ETH for 3,422 USD (as of March 2024) = 136.9 million USD

- Still holds 56,639 ETH (current value) = 188 million USD

Estimated profit:

188 million USD (current shares) + 136.9 million USD (sold) - 152.6 million USD (initial investment) = 172.3 million USD.

The whale made an estimated profit of $172.3 million from ETH trades, with $188 million still held in their portfolio.

Notably whales🐳:

➡️ Withdrawn 96,639 $ETH from Coinbase for only ~$1,580 in August and September 2022;

➡️ Deposited 40K ETH to Kraken for ~$3,422 since this March;

➡️ Still 56,639 ($188M). Estimated total profit from 173M ETH !💵💵