The 4-year silence has been broken: a $250 million ETH transfer

robot
Abstract generation in progress

A whale made a transfer of approximately 249 million dollars worth of Ethereum (ETH) after four years of silence. With this transfer, approximately 97 thousand ETH were sent to three different wallets, while 137 ETH were sent to the cryptocurrency exchange Bitstamp.

According to the on-chain analysis firm Onchain Lens, this wallet owner withdrew a total of 101,390 ETH from the Binance and Bitstamp exchanges 4 to 5 years ago. At that time, the total value of the ETH in question was 67 million 180 thousand dollars. When calculated at current prices, the whale has made an impressive profit of approximately 192 million 380 thousand dollars.

In recent weeks, Ethereum has turned its direction upwards, following a parallel trend with Bitcoin. It is believed that Donald Trump's signals of easing customs tariffs and institutional investors making consecutive cryptocurrency purchases have a significant share in these increases.

After Bitcoin, the cryptocurrency with the highest market value is ETH, which is finding buyers at the level of 2,566 dollars at the time this news is written.

Published: May 26, 2025 15:20Last Updated: May 26, 2025 15:21

K74.97%
LL-0.56%
ETH2.74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)