BREAKING
66d 13h ago
Ethereum (ETH) OG Address Deposits 18,000 ETH to Bitstamp, Marking About $270M in Profit
ETH
ETH/USDT
$2,345.27
+1.61%
$2,345.27
+1.61%
(24s)24h Volume
$30,325,896,641.84
24h H/L
$2,396.62 / $2,157.14
Change: $239.48 (11.10%)
Long/Short
77.1%
Long: 77.1%Short: 22.9%
Funding Rate
-0.0077%
Shorts pay
Data provided by COINOTAG DATALive data
COINOTAG News, citing LookIntoChain analytics, reports that a prominent Ethereum OG address moved 18,000 ETH to Bitstamp eight hours ago, a transfer valued at approximately $54.78 million.
Since 2017, the OG address has accrued 154,076 ETH at an average on‑chain entry price near $517, totaling about $79.70 million in cost basis, and subsequently divested 87,824 ETH at a $1,694 average, yielding around $1.488 billion in proceeds.
The wallet currently holds 66,252 ETH, with an estimated market value near $201 million, contributing to an overall documented profit profile of approximately $270 million based on tracked on‑chain activity.
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