Analysis: The whale who transferred 200,000 ETH accumulated at an average price of only $21.9
According to Jinse Finance, EmberCN statistics show that the whale address, which had been dormant for over eight years and transferred 200,000 ETH tonight, accumulated ETH at an average price of only $21.9 between 2016 and 2017, achieving a 178-fold return over more than eight years. Previous reports indicated that the whale's ETH originally came mainly from a certain exchange. Currently, the whale holds a total of 736,316 ETH across eight wallets, valued at $2.89 billions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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