PANews reported on May 12 that according to Lookonchain monitoring, a whale who has been accumulating ETH in the past three months has now made a profit - he has withdrawn 1,687 ETH (worth $4.2 million) from the Gate.io exchange again. Since February 15, he has withdrawn 50,165 ETH (worth $104.5 million) from the Gate.io exchange, with the average withdrawal price at that time being about $2,084. He turned the previous loss of $21 million into an unrealized profit of $21.7 million.
A whale withdrew 1,687 ETH from CEX again, and its holdings of more than 50,000 ETH have turned from loss to profit
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