A Giant Whale with a $173M Profit from $ETH Deposited 10K $ETH ($34.2M) to #Kraken 9 Hours Ago, Just Before the #Ethereum Price Plunged.

This whale’s strategic moves are noteworthy: – Withdrawals: In August and September 2022, the whale withdrew 96,639 ETH from Coinbase at an average price of $1,580. – Deposits: Since March 2023, the whale has deposited 40,000 ETH to Kraken at an average price of $3,422. – Holdings: The whale still holds 56,639 ETH, valued at $188 million, with an estimated total profit of $173 million, marking a 113% gain.

A significant whale has recently made a large deposit of 10,000 ETH, currently valued at $34.2 million, to the Kraken exchange just hours before a notable drop in the price of Ethereum.

This particular whale's strategic moves are noteworthy:

– In August and September 2022, the whale withdrew 96,639 ETH from Coinbase at an average price of $1,580.

– Since March 2023, the whale has deposited 40,000 ETH to Kraken at an average price of $3,422.

– The whale still holds 56,639 ETH, valued at $188 million, with an estimated total profit of $173 million, marking a 113% gain.

This significant whale's actions, along with other large movements in the Ethereum market, could indicate potential shifts and volatility in the market. Investors are advised to pay close attention to these developments, as they may have far-reaching implications for Ethereum's price and market dynamics.

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