A long-dormant ETH OG whale is suspected of selling 15,000 ETH, yielding a return of 17,680%.

PA一线
PA一线

PANews reported on March 23 that, according to on-chain analyst @ai_9684xtpa, a dormant ETH OG whale from 2016 is suspected of selling 15,000 ETH, representing a ten-year return of 17,680%.

Address 0xa2F…bF85A deposited $30.97 million worth of ETH into Coinbase three minutes ago. This OG (Original Genius) started accumulating Ethereum as early as 2016, offering prices as low as $11.61. If this portion of ETH is sold, it will yield a profit of $30.79 million.

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Machi closed out most of his long positions in ETH and BTC, incurring a cumulative loss of nearly $32 million.
PANews Newsflash