Ethereum ICO Whale Registers A Staggering 1,024,416% Profits With 48.5K ETH Deposit

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 13, 2024 18:45

An Ethereum ICO whale with 1 million ETH has been moving major amounts to exchanges over the past month. Over the past month, the wallet has carried out 17 transactions, all deposits to the OKX exchange. The 48,500 ETH deposited during this time is worth roughly $154 million, an average of $3,176 per ETH, on which the whale registered a staggering 1,024,416% return on investment (ROI) from its initial price of $0.31. Currently, the whale’s wallet balance is 15,600 ETH.