Cryptokit managed to earn $ 182 million on Ethereum

The steady growth of the flagship crypto asset BTC $61,044.65 Bitcoin 0.47% Market capitalization $1.2 trillion VOL. 24 hours $0.85 billion has allowed not only bitcoin holders to make money. Apparently, investors in Ethereum ETH $3,388.73 Ethereum 0.20% Market capitalization $407.27 billion VOL. 24 hours $0.34 billion are also receiving dividends amid a steady bull run. According to online metrics, an unknown institutional investor withdrew 71,332 ether coins from February 1 to 15, which is more than $ 182 million at the current exchange rate.

The SpotOnChain service noted that this cryptocurrency has withdrawn an additional 1,831 Ether coins worth more than $ 5 million from Bybit and Binance. Since the beginning of February, the investor has withdrawn funds from Binance, Bybit, OKX, and Bitfinex.

It is noteworthy that Ethereum continues to grow steadily following bitcoin. At the time of writing, the asset is trading at $ 2,823 with a market capitalization of $ 338.3 billion, an increase of just over 1% per day. Traders made daily trading deals worth $ 21.7 billion. Ethereum dominated the market with a 17.4% share.

Earlier, we told you that the co-founder of the Estonian financial corporation LHV Bank, Rein Lihmusza, wants to use artificial intelligence to recover the password to an Ethereum wallet containing about 250,000 ETH (over $ 473 million). The banker received the coins in July 2015 and they have not been in circulation since then. At that time, the entire cryptocurrency was worth $ 75 thousand. On November 10, 2021, when the price of Ethereum reached ATH~$ 4800, Lichmusz’s savings exceeded $ 1.22 billion.