Whale moves $124M in ETH bought 5 years ago to Bitstamp

An Ethereum whale who accumulated 101,000 ETH five years ago at an average price of $660 recently transferred 40,251 ETH, worth approximately $124 million, to the Bitstamp exchange in a single day, EmberCN reported. Including this latest transaction, the investor has moved a total of 75,200 ETH to exchanges. The whale's remaining holdings now stand at 26,000 ETH, valued at around $80.16 million.