{"id":19431,"date":"2024-12-11T15:54:39","date_gmt":"2024-12-11T13:54:39","guid":{"rendered":"https:\/\/forklog.com\/en\/2017-whale-transfers-2-5-million-in-eth-to-exchange\/"},"modified":"2024-12-11T15:54:39","modified_gmt":"2024-12-11T13:54:39","slug":"2017-whale-transfers-2-5-million-in-eth-to-exchange","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/2017-whale-transfers-2-5-million-in-eth-to-exchange\/","title":{"rendered":"2017 Whale Transfers $2.5 Million in ETH to Exchange"},"content":{"rendered":"<p>An Ethereum whale <a href=\"https:\/\/etherscan.io\/address\/0xE0400EFD9665204bE334eF619dAE1563AA607c44\">transferred<\/a> 680 ETH (~$2.53 million) to Binance, while still holding a total of 3227.7 ETH ($12 million). The investor acquired the coins between 2017 and 2018.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1354.webp\" alt=\"1-1354\" class=\"wp-image-247431\"\/><figcaption class=\"wp-element-caption\">Data: Etherscan.<\/figcaption><\/figure>\n<p>During that period, the coin&#8217;s price fluctuated between $300 and $900.<\/p>\n<p>The investor&#8217;s previous activity was recorded in July-September 2023, when 2773 ETH was withdrawn from the wallet.<\/p>\n<p>Prior to this, in February-May 2021, the whale transferred 1296 ETH, and in November of the same year, another 972 ETH.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-975.webp\" alt=\"2-975\" class=\"wp-image-247432\"\/><figcaption class=\"wp-element-caption\">Data: Etherscan.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>XRP Trader&#8217;s Windfall<\/strong><\/h2>\n<p>On December 11, a client of the Rollbit platform achieved a 77.2x return on a long position in a perpetual contract on XRP with 500x leverage, turning $2560 into $197,701, as reported by <a href=\"https:\/\/www.coindesk.com\/business\/2024\/12\/11\/trader-turns-2-5-k-into-200-k-by-buying-xrp-with-500-x-leverage\">CoinDesk<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-544.webp\" alt=\"3-544\" class=\"wp-image-247433\"\/><figcaption class=\"wp-element-caption\">Data: CoinDesk.<\/figcaption><\/figure>\n<p>The trader bought tokens at $1.902\u20131.905 and sold them at $2.137\u20132.298, capitalizing on a 27% asset increase (at extremes).<\/p>\n<p>While holding the position, the user was close to liquidation, which could have occurred if the price fell below $1.9004.<\/p>\n<p>The catalyst for renewed positive momentum was the news of Ripple Labs receiving approval to launch the RLUSD stablecoin.<\/p>\n<p>On December 3, in anticipation of this event, XRP&#8217;s price reached a multi-year high of $2.909 amid increased whale activity.<\/p>\n<p>Earlier, on December 9, ForkLog reported on another Ethereum whale earning $146 million.<\/p>\n<p>In November, a holder of 398,891 ETH ($1.14 billion) began distribution after eight years of inactivity, as the asset&#8217;s price rose to $2800.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Ethereum whale transferred 680 ETH (~$2.53 million) to Binance, while still holding a total of 3227.7 ETH ($12 million). The investor acquired the coins between 2017 and 2018. Data: Etherscan. During that period, the coin&#8217;s price fluctuated between $300 and $900. The investor&#8217;s previous activity was recorded in July-September 2023, when 2773 ETH was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19430,"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":[1227,46,112],"class_list":["post-19431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-ethereum","tag-ripple"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19431","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=19431"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/19430"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=19431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=19431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=19431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}