{"id":17012,"date":"2024-09-16T18:31:42","date_gmt":"2024-09-16T15:31:42","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-whale-begins-liquidating-part-of-16636-eth-holdings\/"},"modified":"2024-09-16T18:31:42","modified_gmt":"2024-09-16T15:31:42","slug":"ethereum-whale-begins-liquidating-part-of-16636-eth-holdings","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-whale-begins-liquidating-part-of-16636-eth-holdings\/","title":{"rendered":"Ethereum Whale Begins Liquidating Part of 16,636 ETH Holdings"},"content":{"rendered":"<p>An investor who acquired 16,636 ETH in February 2016 for $87,135 has begun to partially realise profits.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zh\" dir=\"ltr\">\u4e00\u4e2a\u5728 2016 \u5e74 2 \u6708\u4ee5 $5.23 \u7684\u5355\u4ef7\u4ece <a href=\"https:\/\/twitter.com\/ShapeShift?ref_src=twsrc%5Etfw\">@ShapeShift<\/a> \u63a5\u6536\u5230 16,636 \u679a ETH \u7684\u8fdc\u53e4\u9cb8\u9c7c\uff0c\u65f6\u9694 8 \u5e74\u534a\u540e\u5f00\u59cb\u51fa\u552e\u8fd9\u4e9b ETH\u3002<\/p>\n<p>\u4ed6\u5728\u6536\u5230\u8fd9\u4e9b ETH \u540e\u4e00\u76f4\u6301\u6709\uff0c\u76f4\u5230 4 \u5c0f\u65f6\u524d\u5c06\u8fd9 16,636 ETH ($39.62M) \u8f6c\u79fb\u5230 0xe3e\u2026566 \u5730\u5740\uff0c\u7136\u540e\u4ee5 $2,340 \u7684\u4ef7\u683c\u51fa\u552e\u4e86 350 \u679a ETH\u3002<br \/>\u4ed6\u5f53\u65f6\u6536\u5230\u8fd9 16,636 \u679a ETH\u2026 <a href=\"https:\/\/t.co\/F0uljalb7l\">pic.twitter.com\/F0uljalb7l<\/a><\/p>\n<p>\u2014 \u4f59\u70ec (@EmberCN) <a href=\"https:\/\/twitter.com\/EmberCN\/status\/1835480135849607338?ref_src=twsrc%5Etfw\">September 16, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to EmberCN, the trader acquired the assets approximately eight and a half years ago via the ShapeShift platform at $5.23 per coin.<\/p>\n<p>At the time of writing, his holdings are valued at approximately $38.2 million, representing a 446-fold &#8220;paper&#8221; profit.<\/p>\n<p>On the night of September 16, the user began selling assets. According to <a href=\"https:\/\/etherscan.io\/address\/0xE3E5540B029d4662F6E99a5Af3E8b431Cff59566#tokentxns\">on-chain data<\/a>, he exchanged about 525 ETH in several hours, in six batches of 87.5 ETH each. The investor received a total of ~$1.23 million ($2342 per coin).<\/p>\n<p>The whale commenced transactions alongside a decline in Ethereum&#8217;s price. Over the past 24 hours, the second-largest cryptocurrency by market capitalisation fell from $2400 to $2280, a drop of 5.5%.<\/p>\n<p>Additionally, the ETH\/BTC pair reached a 3.5-year low, falling below 0.04 BTC. Since the activation of the <a href=\"https:\/\/u1f987.com\/en\/news\/inflation-or-deflation-how-ethereums-economy-has-changed-since-the-merge-hard-fork\">The Merge<\/a> update in September 2022, the decline has been 53%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXfS9Jj6gWA9_S4hnV4pD7xda_idF8q9tyS4YSeV7cUNJlVlHq-K_rfX8A5f_eZeWejUjxk00e-_SnLuKQ1_7w153f175WXzyzd0csM7zUmI5Y4ZS4d3ynhjMLn_2pRzYGuXngDSDe4wGbsMsxuyd2TrzEM?key=ckIB597PqUw9kekTfV79bA\" alt=\"Ethereum-\u043a\u0438\u0442 \u0440\u0435\u0430\u043b\u0438\u0437\u043e\u0432\u0430\u043b \u0447\u0430\u0441\u0442\u044c \u0438\u0437 \u043d\u0430\u043a\u043e\u043f\u043b\u0435\u043d\u043d\u044b\u0445 16 636 ETH\"\/><figcaption class=\"wp-element-caption\">Weekly ETH\/BTC chart on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHBTC\/\">TradingView<\/a>. <\/figcaption><\/figure>\n<p>Back in July, a whale who purchased 1 million ETH during the ICO <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-ico-whale-transfers-154-million-in-eth-to-okx-in-a-month\">began transferring<\/a> assets to OKX. Over a month, he sent 48,500 ETH to the platform at an average price of $3176.<\/p>\n<p>In April, an early Ethereum investor <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-ico-participant-transfers-1069-eth-to-kraken\">moved<\/a> 1069 ETH to the Kraken exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An investor who acquired 16,636 ETH in February 2016 for $87,135 has begun to partially realise profits. \u4e00\u4e2a\u5728 2016 \u5e74 2 \u6708\u4ee5 $5.23 \u7684\u5355\u4ef7\u4ece @ShapeShift \u63a5\u6536\u5230 16,636 \u679a ETH \u7684\u8fdc\u53e4\u9cb8\u9c7c\uff0c\u65f6\u9694 8 \u5e74\u534a\u540e\u5f00\u59cb\u51fa\u552e\u8fd9\u4e9b ETH\u3002 \u4ed6\u5728\u6536\u5230\u8fd9\u4e9b ETH \u540e\u4e00\u76f4\u6301\u6709\uff0c\u76f4\u5230 4 \u5c0f\u65f6\u524d\u5c06\u8fd9 16,636 ETH ($39.62M) \u8f6c\u79fb\u5230 0xe3e\u2026566 \u5730\u5740\uff0c\u7136\u540e\u4ee5 $2,340 \u7684\u4ef7\u683c\u51fa\u552e\u4e86 350 \u679a ETH\u3002\u4ed6\u5f53\u65f6\u6536\u5230\u8fd9 16,636 \u679a ETH\u2026 pic.twitter.com\/F0uljalb7l \u2014 \u4f59\u70ec [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,46,1156],"class_list":["post-17012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-ethereum","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17012"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17011"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}