A whale/institution that held ETH for 8 years transferred 34,000 ETH to Coinbase and earned 44 times the profit

PA一线｜2025-03-21 1:09

PANews reported on March 21 that according to on-chain analyst Ember’s monitoring, a whale/institution that has held ETH for 8 years transferred 34,000 ETH (67.18 million USD) to Coinbase 5 hours ago. He/they earned 44 times (65.68 million USD) on ETH.

He/they received and hoarded these 34,000 ETH through itfinex, Changelly, and ShapeShift in March 2017. At that time, the price of ETH was only $44, and these ETH were worth $1.5 million.
He/They hoarded ETH just before ETH took off, and in the following months ETH rose from double digits to more than $000+.
These ETH were transferred to Coinbase 5 hours ago. The current price of ETH is $1,969, with a value of up to $67.18 million, a 44-fold increase.

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