Cost Price $660 Whale/Institution Liquidates ETH, Profits $269M

BlockBeats News, January 12, according to EmberCN monitoring, a whale/institution holding 101,000 ETH for 5 years with an average cost of only $660 completed a liquidation 4 hours ago, transferring the remaining 26,000 ETH ($80.88 million) to the Bitstamp exchange.

This whale/institution accumulated 101,000 ETH 5 years ago at an average price of $660, and recently liquidated at an average price of $3,313, realizing a $269 million profit.