Ethereum (ETH) OG Address Deposits 18,000 ETH to Bitstamp, Marking About $270M in Profit

WikiBit 2025-11-29 11:27

COINOTAG News, citing LookIntoChain analytics, reports that a prominent Ethereum OG address moved 18,000 ETH to Bitstamp eight hours ago, a transfer

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COINOTAG News, citing LookIntoChain analytics, reports that a prominent EthereumOG address moved 18,000 ETH to Bitstamp eight hours ago, a transfer valued at approximately $54.78 million.

Since 2017, the OG address has accrued 154,076 ETH at an average on‑chain entry price near $517, totaling about $79.70 million in cost basis, and subsequently divested 87,824 ETH at a $1,694 average, yielding around $1.488 billion in proceeds.

The wallet currently holds 66,252 ETH, with an estimated market value near $201 million, contributing to an overall documented profit profile of approximately $270 million based on tracked on‑chain activity.

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