An early Ethereum holder deposited 14,183 ETH worth nearly $42 million to Coinbase, marking their largest transfer in three years and revealing past accumulation at much lower prices.
An Ethereum whale address active since 2016 transferred 14,183 ETH valued at $41.93 million to Coinbase on January 21, marking its first deposit exceeding $1 million in three years. The address last accumulated Ethereum on February 11, 2022 at an average withdrawal price of $1,236.65, highlighting significant unrealized gains with current market prices.