Early Ethereum Holder Deposits 18,000 ETH Worth $54.78M to Bitstamp

An early Ethereum accumulator transferred 18,000 ETH (approximately $54.78 million) to Bitstamp eight hours prior, Lookonchain data show. The address accumulated 154,076 ETH at an average cost of $517 per token since 2017, valued at $79.7 million, and subsequently sold 87,824 ETH at an average price of $1,694, realizing $148.8 million. The holder currently maintains 66,252 ETH worth approximately $201 million, with total profits estimated at around $270 million.