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Suspected '1011 Insider Whale' Address Bottomed Out to Buy ETH Spot, with a 8-Day Unrealized Gain of $23.47 Million

1 hours ago

On December 8th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the suspected "1011 Insider Whale" address— which withdrew 77,385.34 ETH on December 1st— currently holds an unrealized gain of $23.47 million. The average withdrawal price for that ETH was $2,835, while the current price sits at $3,141. As previously reported by BlockBeats, the same address deposited $230 million in stablecoins to Binance on December 1st. A newly created address then withdrew the 77,385.34 ETH (worth approximately $219 million at the time) from the exchange.
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