Gate News reports that on March 23rd, according to on-chain analyst Ai Yi's monitoring, an early ETH holder from 2016 (address 0xa2F...F85A) who has been dormant for a year deposited 15,000 ETH to a certain CEX, valued at $30.97 million. This address has been accumulating ETH since 2016 with a cost price of $11.61. If this sale goes through, it will realize a profit of $30.79 million, with a return rate of 17680%.
On March 23rd, Venice founder Erik Voorhees purchased an additional 1,624 ETH worth $3.36 million, bringing the total ETH holdings at his address to 121,929.46 ETH, surpassing Mantle to become the 7th largest institutional ETH holder.