"Whales Dump 5,800 ETH, $15.73M in CEX Transfers"

Generated by AI AgentCoin World
Tuesday, Feb 18, 2025 3:33 am ET1min read
WTRG--

Two significant holders, often referred to as "whales," have recently transferred a combined total of 5,800 ETH into a centralized exchange (CEX), according to data from ai_9684xtp. This transaction amounts to approximately $15.73 million.

The first wallet, identified as 0xc8D...Be2CD, liquidated 3,100 ETH, which was acquired at an average cost of $1,890. If sold at the current price, this transaction would result in a potential profit of around $2.546 million.

The second wallet, 0x41A...F7277, offloaded 2,700 ETH, which was previously withdrawn from an exchange at the price peak of $3,499 eight months ago. If this holding is sold at the current price, the transaction would realize a loss estimated at $1.655 million.

It is essential to note that the information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.

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