Wallet holding 8,250 ETH moves entire stash to Coinhako after 4.5 years
- —8,250 ETH worth about $22.75 million moved to Coinhako
- —Average purchase price was $2,202 per ETH; transfer price $2,758
- —Estimated profit of about $4.58 million
- —Wallet owner undisclosed; no confirmed sale
Why it matters: A large ETH transfer to an exchange can signal selling intent and weigh on the asset's price.
Source: TokenPost