ChainCatcher reports that, according to Onchain Lens, a whale who has been dormant for two years today transferred 500 Bit ETH (approximately $708,700) to Kraken. Based on its historical purchase price of $1,504, it still faces a loss of around $166,000. The whale previously withdrew a total of 2,225 Bit ETH from Bittrex between July 2022 and April 2023, and currently still holds 1,725 Bit ETH, valued at approximately $2.47 million.
Data: A whale that has been dormant for two years transferred 500 ETH to Kraken and still lost $166,000
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