In 2016, an ancient-ETH whale allegedly sold 3,915 ETH and 24,000 AAVE, totaling about $10.72 million

GateNews

2026-04-02 01:29:34

ETH-0,63%

AAVE-2,38%

Gate News message. On April 2, according to on-chain analysts monitoring, a 2016 ancient ETH whale with an extremely low cost basis of $203.22 fell asleep for one month and then woke up yesterday (April 1). Immediately afterward, it rapidly consolidated addresses, depositing 3,915 ETH and 24,000 AAVE into a certain CEX, seemingly for sale, for a total value of about $10.72 million. After the deposits, only 52 ETH remained on-chain; after nearly 10 years of holding Ethereum, the whale has nearly fully exited.

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