BlockBeats News, June 26th, according to Chainalysis, a whale holding ETH for eight years sold 17,598 ETH on-chain in the past hour, converting it to $27.245 million USDC at a sale price of $1548 per ETH.

He originally received 37,602 ETH ($31.16 million) 8 years ago (February 2018) when the price of ETH was $829. Today, after 8 years, he sold about half of the ETH, making a profit of $12.65 million.