Some interesting on-chain stories that you don't wanna miss recently.

Bitcoin has officially went from $50,000 to $60,000 in just 3 days from 26th Feb to 28 Feb and that is not the only story you should focus on. Here's are some on-chain highlights:

No. 1:

In just 2 days, A trader made 69.6 ETH ($225.7K) with only 0.2 ETH ($635). He spent 0.2 ETH ($635) to buy 6.47M DZHV on Feb 26 and sold it for 69.8 ETH ($226.4K). DZHV was launched on Jan 29 but has seen almost no trading volume.

Coincidentally, right after this trader bought DZHV, DZHV suddenly jumped 82,220%.

Source: Lookonchain - X

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The trader history on trading DZHV

No. 2:

After the price of ETH surpassed $3,200, an Ethereum ICO participant woke up after 8.6 years of dormancy and deposited all 238.75 ETH($770K) to Coinbase on 27 Feb.

He received 238.75 ETH at Ethereum Genesis, the ETH ICO price is ~$0.31.

Source: Lookonchain - X

https://preview.redd.it/ulhlis5atolc1.png?2698&format=png&auto=webp&s=6416363f0266c4148ecbbf9401a56bb1752b7848

No. 3:

Two dormant whale ???? deposited ETH & BTC to bitFlyer almost the same time!

Dormant whale 1Gn8L deposited 100 BTC ($5.62M) to bitFlyer at $56,220 on 27 Feb after 5 years of dormancy.

The whale withdrew those 100 BTC tokens from bitFlyer at only $8,101.15 ($810K) on March 26, 2018. If truly selling on 27 Feb, the whale would realize an estimated profit of $4.81M (+593%) from BTC.

Source: dormant-whale-deposited-btc-to-bitflyer-after-5-years

Only 15 minutes later:

Dormant whale 0xb72 deposited 10,000 ETH ($32.2M) to bitFlyer at $3,220 after 1.5 years of dormancy:

The whale withdrew those tokens from bitFlyer at only $1,336 ($13.36M) on September 29, 2022. Selling on 27 Feb would bring the whale an estimated profit of $18.84M (+141%).

Source: dormant-whale-deposited-eth-to-bitflyer

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What do you think of the highlights above ?

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