Whale Purchases $3.42M in ZEREBRO, Driving Over 300% Price Surge

A whale who bought 2,817 ETH for $590K in September 2019 has sold a large portion of its holdings for a 20x profit, totaling over $10 million.

ETH

Summary

A cryptocurrency whale who purchased 2,817 ETH at $210 each in September 2019 has sold 2,538 ETH for $4,163 each, generating $10.47 million. The initial investment of $590,000 has resulted in a 20x profit, totaling $11.13 million in realized gains.

Terms & Concepts
  • Whale: A term used in cryptocurrency markets to describe individuals or entities that hold large amounts of a particular token, capable of influencing its price.
  • ETH: Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, used for transactions and computational processes on the network.