Whale sells 81,228 ETH for $217M, netting $52M profit after three years
- —81,228 ETH sold at $2,669 for about $217 million
- —Profit on the sale totaled roughly $52.07 million
- —Originally accumulated 124,021 ETH at $2,028 three years ago
- —48,048 ETH moved to Bitfinex 30 minutes before the sale
Why it matters: A major whale taking profit could add selling pressure on ETH near the $2,700 level.
Source: TokenPost