The post Ancient 2016 Whale Moves 5,000 ETH Worth $12M to Coinbase, Eyeing Massive 20,090% ROI appeared on BitcoinEthereumNews.com.

COINOTAG News reports that a notable Ethereum whale, active since 2016, recently transferred 5000 ETH to Coinbase, valued at approximately $12.11 million. This transaction, observed by cryptocurrency analyst AI Auntie ai_9684xtpa, highlights a significant movement in the market by a long-term holder. The original acquisition cost of this ETH dates back to August 2016, when prices hovered around $12 per token, resulting in an impressive ROI of over 20,000%. Despite this substantial deposit, the whale has not executed a large-scale sale since six months ago and continues to hold the full 5000 ETH balance. This activity underscores the ongoing strategic asset management by early investors amid evolving market conditions. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/ancient-2016-whale-moves-5000-eth-worth-12m-to-coinbase-eyeing-massive-20090-roi/

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Filed under: News - @ June 21, 2025 1:28 pm