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Early Ethereum Holder Moves 15,000 ETH Worth $30.97 Million to Coinbase

Early Ethereum Holder Moves 15,000 ETH Worth $30.97 Million to Coinbase

According to Onchain Lens, a separate Ethereum whale withdrew 10,000 ETH from Bitget on March 24, adding to recent large-holder activity that has included spot sales, debt repayment, and major exchange transfers.

ETH

Fact Check
The statement is supported by multiple independent reports and on-chain monitoring services. CertiK Pulse specifically validates the 15,000 ETH ($30.97M) move to Coinbase. The additional whale activities (5,000 ETH sale and 124,400 ETH Aave position) are documented by reputable on-chain analysts and crypto news outlets like Odaily. The financial figures are internally consistent with a prevailing ETH price of ~$2,064.
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Summary

On-chain data shows continued large-scale Ethereum whale activity. Earlier updates indicated major holders sold a combined $41 million in spot ETH on the 23rd, including an early investor who sold 15,000 ETH and another whale that sold $10.31 million in ETH to repay debt. A new update from Onchain Lens says a separate whale withdrew 10,000 ETH worth about $21.55 million from Bitget on March 24 and now holds 41,308 ETH valued at about $89.06 million. The latest move expands the picture from whale selling and deleveraging to accumulation through exchange withdrawals.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contract execution, and as collateral in decentralized finance.