Decade-long ETH whale deposits $36.4M into Coinbase

An Ethereum whale that has held ETH since 2016 deposited 13,330 ETH worth about $36.37 million into Coinbase around two hours ago, according to on-chain analyst ai_9684xtpa. It was not confirmed whether the funds were actually sold. The address is estimated to have bought ETH at an average price of about $11.61. ai_9684xtpa said that if the whale sold at $2,728.59, the price at the time of the deposit, the return would be about 23,402%, with profit reaching about $36.21 million.