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The founder of a certain company is suspected to have closed all positions on long-held ETH, expecting a profit of $7.796 million.
[Chain News] PANews, August 7th - According to monitoring, an address suspected to belong to a certain company's founder has closed all positions of ETH held for more than two years, with an expected profit of $7.796 million. This address deposited 1598 ETH to a certain exchange six hours ago, and in the past two days, two addresses have transferred a total of 3634.2 ETH (about $13.29 million) to the exchange; this portion of ETH was built at an average price of $1521.95 between February and March 2023. If sold, it will yield a profit of $7.796 million, with a return rate of 141%.