Diamond Hands Whale Profits $65.82 Million from 34,124 ETH Deposit on Coinbase

In a notable movement within the cryptocurrency landscape, the *Diamond Hands Whale* identified by the address 0x086 has recently made headlines by depositing a sizeable amount of 34,124 ETH, valued at around $67.18 million, onto Coinbase. According to reports from *The Data Nerd*, this significant deposit occurred just hours ago and highlights the whale’s impressive foresight, as the ETH was acquired over eight years ago at a modest average entry price of $40. Should the whale decide to liquidate this position at today’s market rate, it is poised to achieve a remarkable profit of approximately $65.82 million, translating into an astonishing 49x return on investment. Such transactions exemplify the potent dynamics of the crypto market, where long-term strategies can yield significant financial rewards in the ever-evolving digital asset environment.