Two addresses suspected to belong to the same whale entity deposited 33,180.48 ETH to an exchange after withdrawing the tokens from Bitfinex in November 2023, according to on-chain analyst Ai 姨. The ETH was acquired at an average price of $2,002.75, and the position's peak unrealized profit reached $89.145 million. At a deposit price of $2,620, selling the holdings would result in an estimated profit of $20.481 million, although the transfer does not confirm a sale. An earlier report from on-chain analyst EmberCN described a separate or potentially related position involving 112,066 ETH, of which 21,229 ETH was deposited to Bitfinex after about three years; the relationship between the figures is unclear.