PANews reported on November 12 that according to monitoring by on-chain analyst @ai_9684xtpa, "a giant whale that bought low and sold high ETH and made a profit of US$18.99 million since May 2023" recharged 3,200 ETH to Binance again 4 hours ago, about US$10.65 million.

In the past 10 months, the whale/institution has built a position of 46,600 ETH (about 127 million US dollars) at an average price of US$2,715, of which 24,800 have been recharged into the trading platform at a recharge price of US$3,359. If all are sold, a profit of US$15.98 million will be made.