Editor's PiCK
"$200 million worth of Ethereum (ETH) moved from whale wallet after 4 years"
JH Kim
Summary
- On the 8th, on-chain analytics platform Lookonchain reported that 47,507 Ethereum (ETH) was transferred from a whale wallet to two new wallets after 4 years.
- The amount of Ethereum moved was revealed to be about $200 million.
- Lookonchain explained that the whale had a history of large withdrawals from Bitfinex and records of deposits to Tornado Cash.
On the 8th (local time), according to on-chain analytics platform Lookonchain, whale address 0x67f7 ended a 4-year dormancy and transferred 47,507 Ethereum (ETH) to two new wallets. The amount moved is about $200 million.
Lookonchain said, "The whale had withdrawn a total of 123,687 ETH from Bitfinex six years ago, when ETH was around $154." It added, "This address also has a record of depositing 2,900 ETH to Tornado Cash in the past."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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