Whales Move 5,800 ETH: Insights into Major Transactions and Profit Potential

As reported by COINOTAG News on February 18th, recent data from ai_9684xtpa reveals that two significant holders, often referred to as *whales*, have transferred a combined total of 5,800 ETH into a centralized exchange (CEX), which translates to approximately $15.73 million. The first wallet, identified as 0xc8D…Be2CD, liquidated 3,100 ETH, acquired at an average cost of $1,890, resulting in a potential profit of around $2.546 million upon sale. Conversely, the second wallet, 0x41A…F7277, offloaded 2,700 ETH, which was previously withdrawn from an exchange at the price peak of $3,499 eight months ago. Should this holding be sold, the transaction would realize a loss estimated at $1.655 million.