Ethereum Whale Executes Major CEX Withdrawal of $15.51M

ETH-0,35%

Gate News bot message, A significant cryptocurrency movement has been recorded as a whale address executed a substantial withdrawal of 5,000 ETH, equivalent to $15.51 million, from centralized exchanges.

The transaction was conducted by the wallet address: 0x8bEb929cCFEa91b1E057c6143A7913AFEa915Aa4.

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A major whale closed out 8.6 million in scale ETH long positions at a principal-protected level, with an average closing price of $2,159.

According to Hyperinsight monitoring, a large investor closed their ETH long position on March 26, with an average closing price of $2,159, generating a profit of approximately $15,000, with cumulative profits reaching $120,000. The long position was opened on March 20 with an initial position size of approximately $8.67 million.

BlockBeatNews1h ago
Comment
0/400
GateUser-07deac2avip
· 2025-12-08 21:21
1000x Vibes 🤑
Reply0
BendrettAhvip
· 2025-12-08 19:39
HODL Tight 💪
Reply0