The ancient whale of ETH continues to sell, selling over 16,500 ETH within 17 hours and cashing out approximately 26 million US dollars

According to on-chain data, the ancient ETH whale has once again sold 5,814 ETH in the past 4 hours, exchanging for 9,170,000 USDC. In the past 17 hours, this address has sold a total of 16,516 ETH with a cash-out amount reaching $26,030,000 at an average price of $1,577. Currently this address only has about 522 ETH left which is valued approximately at $832k based on current prices.