"Ancient Whale Dumps $31M ETH, Profits $29M Amid Crypto Volatility"

A certain ETH "Ancient Whale" reportedly dumped 14,000 ETH through Wintermute OTC, worth $31.92 million.

The sale, which occurred on February 28th, resulted in a profit of $29.07 million for the whale. The funds were traced back to an address that withdrew 35,932 ETH between September 2016 and December 2018, with an average price of $203.22. The address has also interacted with Wintermute multiple times.

The sale comes amidst a backdrop of increased volatility in the crypto market, with bullish and bearish sentiments dividing the community. Despite the uncertainty, some high-yield crypto IDO platforms have been gaining attention, with average ROI reaching 400%.

Meanwhile, security remains a top concern in the crypto world, as a North Korean hacker group's attack on top coin circle infrastructure highlights the importance of robust security measures.

The crypto market continues to evolve, with meme coins fading and DeFi projects gaining traction. As the market shifts, investors and enthusiasts alike are keeping a close eye on upcoming projects with potential for a possible TGE.