An ETH holding address withdrew 1687 ETH from gate.io again, with total holdings exceeding 50,000 ETH.

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According to BlockBeats news on May 12, monitoring by Lookonchain revealed that a whale address that has been accumulating ETH over the past three months has withdrawn 1,687 ETH (worth 4.2 million USD) from Gate. Since February 15, this address has withdrawn 50,165 ETH (worth 10.45 million USD) from Gate, when the price was around 2,084 USD, successfully converting 21 million USD of unrealized losses into 21.7 million USD of unrealized gains.

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