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Ethereum Whale Transfers 112,053 ETH to Bitfinex in One Week

The holder moved 30,825 ETH in the past nine hours and realized $72.83 million in profit over the week.

Mentioned assets
Metallic coins beside a sealed exchange deposit case / TokenPost.ai
Metallic coins beside a sealed exchange deposit case / TokenPost.ai

A long-term Ether (ETH) whale or institution transferred 112,053 ETH to Bitfinex over one week, including 30,825 ETH moved in the past nine hours as the holder realized $72.83 million in profit.

The latest transfer was valued at $83.03 million. The full week’s transfers totaled about $300 million in Ether.

The holder had kept the assets for about three years before the recent activity. The wallet withdrew 130,592 ETH from Bitfinex in 2023 at an average price of $2,026 per token.

The transfers represented a large sale by a single long-term holder or institution.

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