A whale (a large investor) appears to have liquidated its entire ETH holdings, expecting a profit of $1.647 million after holding the position for one month.

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According to BlockBeats, on April 13, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale withdrew 7,100 ETH (approximately $13.87 million) from Binance on February 20 at an average price of $1,954, and transferred 7,050 ETH to CEX two hours ago. If sold, it would have made a profit of $1.647 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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