According to EmberCN, a whale or institutional address that had been inactive for 15 months transferred all its ETH (10,281 ETH worth $24.7M) to Coinbase 30 minutes ago, possibly preparing for a sell-off. The ETH was mainly withdrawn from FTX US, Gemini, Coinbase, and Kraken at an average price of $1,504 during 2022-2023. If sold, the whale could realize a profit of $9.23M.

According to EmberCN, a whale or institutional address that has been inactive for 15 months moved its entire holding of 10,281 ETH, worth $24.7 million, to Coinbase 30 minutes ago, suggesting a potential sell-off. The ETH was primarily acquired at $1,504 each from exchanges like FTX US, Gemini, Coinbase, and Kraken during 2022-2023. If sold, the whale could realize a profit of $9.23 million.