A whale completed a liquidation by transferring 30,874 ETH to Kraken in 20 minutes, realizing a total profit of $131 million.

BlockBeats News, May 13th, according to on-chain analyst Yu Jin's monitoring, the "Whale/Institution who accumulated 120,874 ETH in September 2022" completed liquidation by transferring the remaining 30,874 ETH (77.71 million US dollars) from the previous address to Kraken in 20 minutes, with a total profit of up to 131 million US dollars.

· They withdrew from Kraken and accumulated 120,874 ETH (199.1 million US dollars) in September 2022, when the price of ETH was 1,647 US dollars.

· These ETH started to be sold for profit-taking since May of last year. Over the course of a year, they were transferred to Kraken in 6 transactions, with an average price of 2,732 US dollars.

· Accumulated at an average price of 1,647 US dollars and sold at an average price of 2,732 US dollars over two and a half years, resulting in a total profit of up to 131 million US dollars.