Whale or Institution Exits 101,000 ETH Position After 5 Years, Locking in $269M Profit

A whale or institution fully exited its 101,000 ETH position after holding for 5 years at an average cost of $660, realizing a profit of $269 million, EmberCN reported on Jan. 12. The entity transferred its remaining 26,000 ETH, worth $80.88 million, to Bitstamp exchange approximately 4 hours earlier, with the liquidation executed at an average price of $3,313 per ETH.