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ETH OG Address With Cost Basis as Low as $11.61 Sells Off 13,330 ETH, ROI Set to Reach 23,402%

Oct 5, 13:37

On October 5, on-chain analyst Ai Yi (@ai_9684xtpa) observed that an OG ETH address from 2016, which had a cost basis as low as $11.61, deposited 13,330 ETH to Coinbase two hours ago. The transfer was valued at approximately $36.37 million, with an average deposit price of $2,728.59. If liquidated in full, the address would generate a return of up to 23,402%, with projected profits exceeding $36.21 million.

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