Cryptocurrency Ethereum increased its own profit 810 times

One of the largest holders of Ethereum ETH $2,193.75 Bridged Ether (StarkGate) 0.95% Market capitalization $39.03 million VOL. 24 hours $0.3 billion (the so-called «whale») has started selling its long-term assets and made a profit of almost $ 85 million.

It is noted that after the price of Ethereum exceeded $ 2900 per token, the cryptocurrency owner began a large-scale sale of the digital asset,

It is worth adding that the «whale» owns 398,891 ETH worth $ 1.14 billion.

It is known that the last transaction of the crypto whale included the sale of 29,897 ETH for 84.87 million USDC at an average price of $ 2839 per token.

According to this transaction, the owner made a profit of $ 84.7 million, which corresponds to an incredible 810 times profitability.

Currently, the «whale» still owns 368,992 ETH, which is estimated at more than $ 1 billion.

It is worth noting that on the night of November 8, the price of the ETH token reached $ 2945.

At the time of writing, the crypto asset’s rate is $ 2,917, the market capitalization is $ 351.15 billion, and traders have made daily trading deals worth $ 30.71 billion.