Ethereum Whales Book Profits as ETH Hits $2,800

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As Ethereum exceeds $2800, two long-term Ethereum holders are booking profits. The whales, in total, have unloaded 33,701 Ethereum worth nearly $90 million. The first whale, an ICO participant “0xB8c”, sent 25,000 ETH worth $65.67 million to Kraken at $2,627. The whale now holds 64,450 ETH worth $181.2 million. The second whale, “0x0c1”, has returned after nearly 9 years and sold 8,701 Ethereum tokens worth $24 million USDC at $2,764. The whale holds 2,304 ETH worth $6.48 million at a profit of $30.48 million, a 689x jump.