A giant whale once again withdrew 1687 ETH from CEX, and its position of more than 50,000 ETH has turned into profit.

Crypto 7x24

2025-05-12 12:20:59

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On May 12, according to Lookonchain monitoring, a giant whale that had been accumulating ETH in the past three months has now achieved a profit-he once again withdrew 1,687 ETH units (worth US$4.2 million) from the Gate.io exchange. Since February 15, he has withdrawn 50,165 ETH units (worth $104.5 million) from the Gate.io exchange, with an average withdrawal price of approximately $2,084 at the time. He converted a loss of $21 million into an unrealized profit of $21.7 million.

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