{"id":137863,"date":"2024-09-25T11:00:35","date_gmt":"2024-09-25T08:00:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137863"},"modified":"2024-09-25T01:47:06","modified_gmt":"2024-09-24T22:47:06","slug":"ethereum-whale-shocks-market-with-massive-move-after-years-of-silence","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-whale-shocks-market-with-massive-move-after-years-of-silence\/","title":{"rendered":"Ethereum Whale Shocks Market with Massive Move After Years of Silence"},"content":{"rendered":"<p>This whale initially participated in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum\u2019s<\/a> <\/strong>2014 ICO, acquiring 150,000 ETH at the Genesis block.<\/p>\n<p>That initial investment of $46,500 has skyrocketed in value to approximately $389.7 million today, marking a staggering increase of 837,964%.<\/p>\n<p>After more than two years of dormancy, the holder <strong><a href=\"https:\/\/x.com\/lookonchain\/status\/1838027988539224539\" target=\"_blank\" rel=\"nofollow\">transferred<\/a> <\/strong>3,510 ETH, worth around $9.12 million, to the Kraken exchange, where it may be sold on the market.<\/p>\n<p>Another savvy investor <strong><a href=\"https:\/\/x.com\/lookonchain\/status\/1837760199974858818\" target=\"_blank\" rel=\"nofollow\">saw<\/a> <\/strong>significant profits by purchasing over 96,000 ETH during the 2022 bear market and selling off large amounts this year, including a notable sale of 15,000 ETH on September 21.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/hamster-kombat-bans-2-3-million-users-before-airdrop\/\" title=\"Hamster Kombat Bans 2.3 Million Users Before Airdrop\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/09\/hamster_kombat_2024_06_19_08_29_07_ab44b7bfd9-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Hamster Kombat Bans 2.3 Million Users Before Airdrop<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Described as a \u201csmart diamond hand,\u201d this investor turned a profit of $131.72 million by strategically buying ETH during the downturn and selling during the market\u2019s upturn.<\/p>\n<p>They acquired 96,639 ETH for $151.42 million from Coinbase at an average price of $1,567 on September 3 and 4, 2022, and later deposited 70,000 ETH (worth $214.34 million) at $3,062 to Kraken since March 6, retaining 26,639 ETH valued at $68.81 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An early Ethereum investor has made headlines by moving millions in ETH after years of inactivity, as reported by blockchain analytics firm Lookonchain.<\/p>\n","protected":false},"author":7,"featured_media":33724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-137863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Whale Shocks Market with Massive Move After Years of Silence<\/title>\n<meta name=\"description\" content=\"An early Ethereum investor has made headlines by moving millions in ETH after years of inactivity, as reported 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