Ethereum (ETH) Whale Scores $16 Million Profit in Single Trade: A Masterstroke in Crypto Trading

• An Ethereum whale recently made a staggering $16 million from a single trade, once again demonstrating the lucrative potential of the crypto market.
• The whale withdrew 12,906 ETH from Binance a year ago when Ethereum was trading at $1,890 and has now seen a significant return on investment with Ethereum’s current trading price around $3,100.
• Notably, the whale also deposited the tokens into the staking platform Lido, earning significant staking rewards in addition to the $16 million profit.

Discover how an Ethereum whale made a whopping $16 million from a single trade and learn about the lucrative opportunities in the current crypto bull run.

The Ethereum Whale’s Profitable Trade

On-chain analytics platform Lookonchain revealed that the Ethereum whale withdrew 12,906 ETH ($24.39 million) from Binance when the crypto token was still trading at $1,890 a year ago. With Ethereum currently trading at around $3,100, the whale’s ETH investment is now worth over $40 million, signifying a profit of about $16 million. The whale also deposited these tokens into the staking platform Lido, earning significant staking rewards in addition to the profit from the ... Read the full article for FREE at COINOTAG!