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A whale that first bought Ethereum in 2017 has resurfaced after 7 years of inactivity to deposit 2000 ETH into Kraken.

2025-04-08 12:26

BlockBeats News, April 8th, according to LookIntoChain monitoring, a whale that accumulated Ethereum in 2017 has been dormant for 7 years and has deposited 2,000 ETH (worth $3.11 million) into Kraken.


The whale bought 10,001 ETH in November 2017 at a price of $352 per ETH (costing $3.52 million) — and did not sell even when ETH reached $4,878 during the last bull market.


The current profit is $12.3 million, but the unrealized profit at the peak was $45 million.

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