2016 ETH whale moves again after 3 years: deposits 14,183 coins in 40 minutes, with a cost as low as $1,236

OnChainDetective · 2026-01-21T09:40:11+00:00

A seasoned holder active in the Ethereum ecosystem since 2016 recently deposited 14,183 ETH into a certain exchange, worth approximately $41.93 million. This is the first large deposit in three years. The address's past low-cost acquisitions have made it a focal point in the market.

OnChainDetective

2026-01-21 09:40:11

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【ChainNews】A seasoned holder who has been active in the Ethereum ecosystem since 2016 has once again attracted market attention. According to on-chain data monitoring, this address recharged 14,183 ETH to a major exchange 40 minutes ago, which is worth approximately $41.93 million at the current price.

This operation is highly significant — it is the first large-scale deposit of over a million dollars by this address in three years. Looking back at historical records, his last large-scale accumulation occurred between February and November 2022, with an average purchase cost as low as $1,236.65, well below today’s price.

Even more interestingly, if you continue to trace the transaction history of this wallet, you can go all the way back to 2016, which means he is a true witness to the ETH ecosystem. The long-term holding + historically low-cost combination explains why this recharge has caused a stir in the market.

ETH1,46%

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MetaMisery

· 01-21 10:09

Bought for 1236 yuan, now it's worth several thousand. This big brother probably isn't trying to dump the market... Been playing ETH since 2016, really impressive, I'm here to learn. What does depositing into the exchange mean? Want to sell? Or just moving it somewhere? It's a bit complicated. Throwing over 40 million USD all at once, with this kind of move, I'm just watching. No activity for three years, and now suddenly moving, definitely has a plan, gotta keep an eye on it.

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ponzi_poet

· 01-21 10:08

Oh my god, bought at 1236, this wave is about to take off, right?

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