Early ETH holder moves 5,082 ETH to Coinbase after 2016 accumulation at $10.37 cost basis
An early Ethereum holder who accumulated ETH in 2016 at $10.37 transferred 5,082 ETH worth $10.27 million to Coinbase on March 10, onchain analyst Aunt Ai reports via ChainThink. Address 0x533…cBf48 sent the funds approximately four hours ago, locking in roughly $10.215 million in profit if sold, a 19,383% return. The source address 0x288…56279 initially withdrew 23,300.79 ETH from Kraken in October 2016 for about $241,000.
