8-Year-Old Wallet Surges with 680 ETH Deposit to Binance: A Look at the Profits of Ethereum Holdings
WikiBit 2024-12-11 17:14
In a recent development reported by COINOTAG, an 8-year-old cryptocurrency wallet has made a significant move, depositing 680 ETH—valued at approximately
In a recent development reported by COINOTAG, an 8-year-old cryptocurrency wallet has made a significant move, depositing 680 ETH—valued at approximately $2.5 million—into Binance.
Historical data from OnchainDataNerd indicates that this wallet, which initially acquired 10,678 ETH at an average cost of $49.57, stands to generate a remarkable profit of around $2.46 million if these holdings are liquidated.
As of now, the wallet retains 3,228 ETH, translating to a worth of about $11.88 million, and showcasing an impressive unrealized profit of nearly $11.78 million.
This transaction highlights ongoing investor confidence and market dynamics within the cryptocurrency ecosystem.
Monitoring such large movements can offer insights into market trends and investor strategies.
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