The ETH whale, which has been holding for 6 years, cleared 60000 ETH and achieved a 20.7-fold invest

After holding 60079 ETH for nearly six years, a giant whale on a certain chain tran**erred all of it to the Bitfinex exchange today.

According to information shared by Spot On Chain, the address raised 87085 ETH from Bitfinex in January 2019, with a unit price of only $153, equivalent to a total cost of only $13.4 million. Apart from sending 600 ETH to Tornado Cash in 2020, the remaining 86484 ETH will be re deposited back to Bitfinex at an average price of $3331 in November 2023 and December 2024. If all the ETH deposited back to the exchange is used for sale, the whale is estimated to have achieved a return of $274.8 million (20.7 times).