Early ETH Holder Moves Final 5,082 ETH to Coinbase After 8-Year Hold at $10.37 Cost Basis

An address (0x533…Bf48) that acquired ETH at $10.37 in 2016 transferred its remaining 5,082 ETH to Coinbase about four hours ago, with the position valued at $10.27 million, onchain analyst Ai Yi cited by Odaily Planet Daily reports. A full sale of this balance would generate $10.215 million in profit, representing a 19,383% return based on Ai Yi's calculations. The ETH in this address originated from another address (0x288…6279), which withdrew 23,300.79 ETH from Kraken in October 2016 at a cumulative cost of $241,000.