Gemini

Ethereum

when

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-whale-transfers-3888-eth-to-gemini" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Whale Transfers 3,888 ETH to Gemini</a><br></p>
<p style="text-align: justify">In a significant move, a dormant Ethereum (ETH) whale has shifted 3,888 ETH to the Gemini exchange, valued at approximately $10.2 million. This notable transaction occurred roughly four hours ago, raising speculation about the potential selling of these assets.</p>
<h2 style="text-align: justify" id="what-previous-transactions-did-this-wallet-make">What Previous Transactions Did This Wallet Make?</h2>
<p style="text-align: justify">This particular crypto wallet gained notoriety around 1.6 years ago when it acquired 6,603 ETH from the Bitfinex exchange. During that time, the average price of ETH was about $1,785, totaling an investment of $11.78 million.</p>
<h2 style="text-align: justify" id="how-will-this-affect-the-market">How Will This Affect the Market?</h2>
<p style="text-align: justify">Following the recent transfer, the whale still holds 2,715 ETH, valued at around $7.12 million under current market conditions. As ETH prices have surged recently, the owner has realized profits totaling $5.54 million from past transactions.</p>
<ul>
 <li>A total of 3,888 ETH was transferred to Gemini, worth $10.2 million.</li>
 <li>The wallet previously purchased 6,603 ETH for $11.78 million.</li>
 <li>After the transfer, the whale maintains 2,715 ETH valued at $7.12 million.</li>
 <li>The profit realized from ETH transactions is approximately $5.54 million.</li>
</ul>
<p style="text-align: justify">The whale’s activity is drawing attention among crypto enthusiasts and traders, especially as on-chain data analytics platforms like Nansen track such movements. Although it remains uncertain if the ETH moved to Gemini will be sold, many speculate that a sale may exert pressure on market prices, a trend that traders are keenly observing.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/crypto-whale-transfers-3888-eth-to-gemini" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Whale Transfers 3,888 ETH to Gemini</a></h5>

Crypto Whale Transfers 3,888 ETH to Gemini

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