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Institution transferred 109,806 ETH within 3 days, plans to sell 167,854
2026-09-02 08:39:53
According to CoinMeta and on-chain analyst Yu Jin, as of 2 hours ago this morning, a certain entity transferred 109,806 units of ETH to centralized exchanges over a period of 3 days, which is approximately equivalent to $266 million at current prices, with an average price of $2,430 per unit. Currently, there are still 58,048 units of ETH in that account. The plan is to sell a total of 167,854 units of ETH. If all are sold, based on the acquisition cost of $1,700 per unit from 2 years ago, a profit of $122 million is expected.
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