A whale is suspected of clearing out the 12,570 ETH it had stored after Powell’s speech last week, with an estimated profit of $1.46 million

PANews reported on August 26 that according to iChainfo monitoring, three days ago, after Federal Reserve Chairman Powell gave a speech on August 23, an address withdrew 12,570 ETH from Coinbase. In the next three days, ETH soared by about 5%.

1 hour ago, this address transferred all of its ETH back to Coinbase, likely selling it and making a profit of $1.46 million.