Long-Term Ethereum Holder Moves $138 Million to Bitfinex
On-chain analyst Ai Yi reports a major Ethereum address has transferred 15,010 ETH worth $57.31 million, with potential profits of $11.87 million upon sale.
ETH
Fact Check
Multiple independent sources from the crypto news and data sector corroborate that an Ethereum whale, identified as a long-term holder, transferred a total of 30,000 ETH, valued at approximately $138 million, to the Bitfinex exchange over a short period. The details regarding the amount of ETH, its dollar value, and the destination are consistent across nearly all provided evidence.
Summary
An Ethereum address associated with a whale or institution has moved 15,010 ETH, valued at $57.31 million, to exchanges over the past two days, potentially locking in $11.87 million in profits. The address had accumulated 86,000 ETH at an average price of $3,027 between June and August 2025 and still holds 55,981 ETH valued at approximately $226 million. The address recently deposited 3,000 ETH worth $12.15 million to Binance.
Terms & Concepts
- Whale: A term used to describe an individual or entity holding large amounts of cryptocurrency, often capable of influencing market movements.
- ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
- Binance: A global cryptocurrency exchange platform offering trading in a wide range of digital assets, including Ethereum.