{"id":21037,"date":"2025-04-08T07:16:56","date_gmt":"2025-04-08T07:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21037"},"modified":"2025-04-08T07:16:56","modified_gmt":"2025-04-08T07:16:56","slug":"after-7-year-dormancy-ethereum-whale-transfers-3-million-to-crypto-exchange-whats-the-strategy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21037","title":{"rendered":"After 7-Year Dormancy, Ethereum Whale Transfers $3 Million To Crypto Exchange: What&#8217;s The Strategy?"},"content":{"rendered":"<div>\n<p>An early investor in <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) transferred over $3 million in ETH to a cryptocurrency exchange on Monday, following a seven-year hiatus.<\/p>\n<p><strong>What Happened<\/strong>: The whale purchased 10,001 ETH at $352 apiece in November 2017, according to on-chain tracking platform <strong>Lookonchain<\/strong>. They resisted selling even when ETH\u2019s value soared to\u00a0$4,878 during the last bull\u00a0run in 2021.<\/p>\n<p>However, in an intriguing turn of events, the Ethereum OG deposited about $2,000 ETH, worth $3.11 million, to\u00a0<strong>Kraken<\/strong> late on Monday. <\/p>\n<p>It was not immediately known if the investor sold the entire stash. But if they did, they would book a profit of $12.3 million. Notably, this was substantially lower than the peak unrealized profit of $45 million.<\/p>\n<p><figure class=\"wp-block-embed ...&lt;\/p&gt;&lt;p&gt;&lt;a href=https:\/\/www.benzinga.com\/25\/04\/44678660\/after-7-year-dormancy-ethereum-whale-transfers-3-million-to-crypto-exchange-whats-the-strategy alt=After 7-Year Dormancy, Ethereum Whale Transfers $3 Million To Crypto Exchange: What's The Strategy?&gt;Full story available on Benzinga.com&lt;\/a&gt;&lt;\/p&gt;&lt;\/div&gt;&lt;\/body&gt;&lt;\/html&gt;\"><\/figure>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An early investor in Ethereum (CRYPTO: ETH) transferred over $3 million in ETH to a cryptocurrency exchange on Monday, following a seven-year hiatus. What Happened: The whale purchased 10,001 ETH at $352 apiece in November 2017, according to on-chain tracking platform Lookonchain. They resisted selling even when ETH\u2019s value soared to\u00a0$4,878 during the last bull\u00a0run [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21037","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21037"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21037\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}