Whale Deposits 21,200 ETH to Bitfinex After Three-Year Holding Period
A whale or institutional investor has deposited 21,200 ETH, worth approximately $55.93 million, into Bitfinex to take profits. The entity originally accumulated 112,100 ETH three years ago at an average price of $2,030. With the recent rise in ETH price above $2,600, the investor has realized a total profit of $66.45 million, representing a 29% return on their initial $227 million investment.
Summaries are written by AI from the original article. Not investment advice.