A whale/institution that has held ETH for 8 years deposited 34000 ETH into Coinbase 5 hours ago

律动BlockBeats|Mar 21, 2025 01:08
BlockBeats News: On March 21st, according to on chain data analyst Yu Jin's monitoring, a whale/institution that has held ETH for 8 years transferred 34000 ETH (approximately $67.18 million) to Coinbase 5 hours ago, earning a 44 fold (approximately $65.68 million) return on ETH.
The whale/institution received and hoarded these 34000 ETH through platforms such as Bitfinex in March 2017, when the ETH price was only $44 and the total value was $1.5 million.
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