God Damn It! Whale Ethereum Moves 229,766 ETH To Unknown Wallet

JAKARTA – The owners of Ethereum in large numbers or commonly called whales have moved. The whale moved 229,766 Ethereum to an unknown wallet on November 3, 2021. The move was made when the price of crypto ETH was trading above US$4,604 (equivalent to IDR 65.9 million).

DailyHodl reports that the transfer of this amount of ETH only costs 0.010 ETH or 46 US dollars (around IDR 659,000). Data from Etherscan reveals the ETH was sent from the Coinbase wallet. The 229,766 ETH is currently worth 1.03 billion US dollars or around IDR 14.7 trillion. This makes the unknown wallet the 34th most ETH-holding wallet in the world.

The information was conveyed by the crypto whale movement detector, CryptoWhale. In the last few days, Ethereum transfers of 20,000 ETH worth US$ 90.54 million (equivalent to IDR 1.2 trillion) were also detected. The transfer was made from the Kraken crypto exchange. Meanwhile, the Ethereum whale from the Binance crypto exchange has managed to move 21,487 ETH worth 99.41 million US dollars (equivalent to IDR 1.4 trillion).

The move is made when the price of ETH breaks the new all-time high (ATH). At the time of writing, data from CoinMarketCap shows that Ethereum is trading at IDR 64,324,608. Ethereum ranks second after Bitcoin by market cap.