Whale pinosaur.eth sells 9,618 ETH after 9 years for $24.21M profit
- —9,618 ETH worth $24.58M sold and sent to Kraken
- —Profit of $24.21M, a 65x return on cost basis
- —First 7,459 ETH acquired in April 2017 at $50
Why it matters: A large profit-taking move by a long-term holder adds sell pressure on ETH near $2,600.
Source: PANews