A seasoned player who has been involved with Ethereum since 2016 has recently made a major move. He deposited 14,183 ETH into a compliant platform, which, at current market prices, is worth up to $41.93 million.
What's even more interesting is that this OG-level holder hasn't made any deposits of over a million dollars in the past three years. Looking at his account history, his last large-scale accumulation was on February 11, 2022, with an average cost of only $1,236.65. His earliest Ethereum transaction dates back to 2016, among the ranks of the earliest believers.
From this perspective, the actions of long-term holders often reflect subtle market changes. Accounts that have been lurking since the early bull market, with each large transaction, are worth paying close attention to by market participants.
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AmateurDAOWatcher
· 9h ago
Damn, the OG who hasn't moved in three years suddenly dumps over 40 million, this rhythm feels off...
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Damn, still holding ETH with a cost basis of over 1200, no doubt about this mindset
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Wait, is this guy trying to bottom fish or run away? The signals are too vague
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The 2016 believers are still playing now, truly diamond hands, no blackening
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Why do we have to pay attention to these whales' movements? We're still retail investors, just weeds
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Three years of no movement and suddenly dumping so much, I wonder if something big is about to happen
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Why top up the platform? Is it to sell or do something else? Details make all the difference
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Damn, this is a real long-term thinker, I, who watch the charts every day, am just trash
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Could it just be normal operation, but I have to read some deep meaning into it...
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SmartContractPhobia
· 9h ago
Damn, OG hasn't made a move in three years and suddenly dumps over 40 million. This rhythm feels off...
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Really? The veteran from 2016 is only now making a move? So he's been waiting for this wave?
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The cost basis at 1236 dollars has now increased nearly 30 times. How strong must that mentality be... But suddenly depositing coins, is he planning to exit or what?
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Three years of silence and then a roar. I can sense this kind of signal.
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Wait, why does he believe in the market at this time? I'm actually a bit panicked.
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OG players' every move ≠ market turning point. Don't get liquidated, okay?
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MetaMisfit
· 9h ago
Whoa, an OG-level whale is moving again? After three years of inactivity, suddenly dumping over 40 million. What is this guy hinting at?
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DAOdreamer
· 9h ago
Wow, OG is stockpiling again? This rhythm feels off, they haven't moved in three years and suddenly doing something this big...
This guy's cost is only 1,200, look at my mental state collapsing.
Over 14k ETH poured in, what is this telling us?
Old players' actions are just different, us small investors can only follow the trend and guess blindly.
Only making a move once in three years, how pent-up must they be... I’ve only traded ten times this month.
These kinds of accounts really are market barometers, I have to admit.
Starting to feel a bit restless, I always feel this wave is about to rise.
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BasementAlchemist
· 9h ago
This OG's move... after three years without a million-dollar-level operation, suddenly depositing so much. Either he really saw something or he has so much idle money he doesn't know how to spend it.
The old veteran from 2016 has a different style, with a cost basis of 1236 yuan... Is this wave a bottom-fishing attempt or just for fun? It's hard to say.
A seasoned player who has been involved with Ethereum since 2016 has recently made a major move. He deposited 14,183 ETH into a compliant platform, which, at current market prices, is worth up to $41.93 million.
What's even more interesting is that this OG-level holder hasn't made any deposits of over a million dollars in the past three years. Looking at his account history, his last large-scale accumulation was on February 11, 2022, with an average cost of only $1,236.65. His earliest Ethereum transaction dates back to 2016, among the ranks of the earliest believers.
From this perspective, the actions of long-term holders often reflect subtle market changes. Accounts that have been lurking since the early bull market, with each large transaction, are worth paying close attention to by market participants.