🚨 ETH Whale Awakens After 5 Years | $200M+ Profit in Motion 🐳
A long-dormant Ethereum giant is back on the move.
According to Emurgo monitoring, a whale or institutional wallet that accumulated 101,000 ETH nearly 5 years ago at an average cost of just $660 has started shifting massive funds to exchanges.
🔍 What Happened?
40,251 ETH (~$124M) transferred to Bitstamp in the last 24 hours
26,000 ETH (~$80.16M) moved just one hour ago
Wallet: 0xCADE…e0F2
Originally accumulated ETH from Binance & Bitstamp during the bear market
💰 Profit Breakdown
Total ETH moved so far: 75,200 ETH
Average selling price: ~$3,383
Realized profit: $204.9M
Remaining balance: 26,000 ETH (~$80.16M)
📉 Market Impact?
Whale inflows to exchanges often hint at potential selling pressure, but they can also signal strategic profit-taking rather than panic. Smart money is clearly securing gains after a multi-year hold.
👉 Key Question:
Is this the start of broader distribution, or just one whale cashing out before the next ETH leg up?
Stay alert. Big wallets usually move before big market moves. ⚡
DYOR No Financial advice!
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