The whale realized about $14.37 million in profit on the long-held Ether, while another 1,000 ETH was routed through Tornado Cash before being sold and deposited to Kraken.
An Ethereum whale deposited 9,000 ETH worth about $17.86 million to Bitfinex after holding the assets for five years, realizing roughly $14.37 million in profit. The wallet had originally withdrawn 10,000 ETH valued at $4.63 million. Separately, another 1,000 ETH worth about $1.147 million was moved through Tornado Cash, sold, and then deposited to Kraken. The transactions indicate the original 10,000 ETH position was split between a direct exchange transfer and a separate route that ended with a sale and exchange deposit.