An Ethereum Whale Liquidates ETH Hoarded 6 Years Ago, Profits $11.13 Million

BlockBeats News, October 15th, according to on-chain analyst ChainInfo, a whale who accumulated ETH 6 years ago (September 2019) has offloaded their holdings today, realizing a 20x profit ($11.13 million).

· 6 years ago, they accumulated 2,817 ETH through Kraken when the price of ETH was $210, valuing these ETH at $590,370.

· 6 hours ago, they transferred 2,538 ETH ($10.47 million) to Kraken, completing the sell-off.

· Overall, they accumulated at $210 and sold at $4,163, realizing a $11.13 million profit (20x).