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A whale transferred 2,619 ETH to Kraken, making a profit or exceeding $7.40 million

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2025-03-07 04:37:27
According to on-chain analyst The Data Nerd (@OnchainDataNerd), a whale wallet with address 0x122f transferred 2,619 ETH (~ $5.79 million) to the Kraken exchange 11 hours ago.
The whale amassed the ETH two years ago at an average price of $1,284. Selling it all at current prices would have made a profit of about $2.43 million, giving the investment a total profit of about $7.41 million and a 3-fold return on investment.
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