The post Whale Accumulates 5,854 ETH: Total Holdings Reach 88,943 ETH with $35.39 Million in Floating Profits appeared on BitcoinEthereumNews.com.

According to recent monitoring by COINOTAG as of December 11, a significant cryptocurrency entity has ostensibly increased its holdings by adding 5,854 ETH, amounting to approximately $21.55 million. This transaction follows a notable accumulation of 88,943 ETH on October 29. Since this date, the wallet in question has executed extensive withdrawals from both Binance and Bybit, averaging a price of $3,037, leading to a cumulative value of around $270 million. Furthermore, from November 3 to December 4, the same wallet reportedly sold 35,220 ETH for an average of $3,224, yielding a profit nearing $6.59 million. Presently, the remaining holdings in this address reflect a floating profit of approximately $35.39 million, showcasing the tactical movements within the crypto market. Source: https://en.coinotag.com/breakingnews/whale-accumulates-5854-eth-total-holdings-reach-88943-eth-with-35-39-million-in-floating-profits/

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Filed under: News - @ December 11, 2024 10:24 am