Dormant for over 9 years, 3 whale addresses transferred Coinbase to 2903 units ETH
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3 addresses dormant for over 9 years and suspected to belong to the same whale transferred Coinbase to 2903 units ETH。
Article
Dormant for over 9 years, 3 whale addresses transferred Coinbase to 2903 units ETH
PANews October 10 news: According to monitoring by Lookonchain, 3 addresses possibly belonging to the same whale remained dormant for over 9 years before transferring Coinbase to 2903 units ETH, worth approximately 7220000 USD. These addresses 9 years ago acquired ETH when the price was only 9.9 USD, with current unrealized gains of approximately 7190000 USD and a return of approximately 250 times.
According to monitoring by Lookonchain, 3 addresses possibly belonging to the same whale remained dormant for over 9 years before transferring Coinbase to 2903 units ETH。
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Transferred ETH Worth approximately 7220000 USD。
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These addresses 9 years ago acquired ETH when the price was only 9.9 USD。
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Current unrealized gains of approximately 7190000 USD, with a return of approximately 250 times.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This means that some long-unused ETH were transferred to Coinbase. The transfer to an exchange may be related to subsequent trading, but this information alone cannot confirm that they have already been sold.
Why it matters to readers
The transfer of long-dormant assets to an exchange may draw market attention to potential selling supply.
For beginners, this can be understood as follows: transferring cryptocurrency from a wallet to an exchange does not mean it has already been sold; it is still necessary to watch for subsequent sell orders.
Risks and unknowns
“Possibly belonging to the same whale” remains speculation.
The source does not provide an independently verifiable on-chain transaction hash.
It cannot be confirmed whether these ETH have already been sold.
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Related concepts
Whale addresses
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