A massive Ethereum (ETH) whale has withdrawn 71,332 ETH worth $182 million since February 1. The accumulation happened amid a bull rally in the cryptocurrency market, with ETH up nearly 25% since the first purchase.
On February 15, the massive Ethereum whale withdrew 1,831 ETH from Binance and Bybit, worth $5.07 million. Finbold retrieved this data from the SpotOnChain Platform less than three hours after the withdrawals, which lasted 20 minutes.
In total, the whale has withdrawn 71,332 ETH from Binance, Bybit, Bitfinex, and OKX in February alone. In particular, onchain data shows an average price of $2,557 per ETH, costing $182 million.
Massive Ethereum whale PnL overview. Source: SpotOnChain
Moreover, SpotOnChain identifies an ownership of 76,369 ETH, which is currently worth nearly $214 million. This amount is distributed among three lending platforms for yield generation and liquidity mining: Spark, Maker (MKR), and Compound (COMP).
Ethereum (ETH) price analysis amid massive whale
We współpracy z: https://finbold.com/massive-ethereum-whale-stacks-nearly-200m-in-february/
