Markets· ★★★· bearish·

ETH whale sells 112,053 ETH in a week for $72.83M profit

  • —112,053 ETH worth $300 million sent to Bitfinex in a week
  • —Realized profit reached $72.83 million
  • —Latest sale: 30,825 ETH for $83.03 million in 9 hours
  • —In 2023 the whale withdrew 130,592 ETH from Bitfinex at $2,026 average
Why it matters: A large three-year holder is taking profit on Bitfinex, adding sell pressure on ETH near $2,700.
Source: PANews