On-chain analytics account @0xReflection on the X social media platform has shared that an anonymous crypto trader has managed to earn a whopping $1,641,047,796 within one year by trading ETH and CRO.
The X post stated that this whale has the great skill of being able to find cryptocurrencies with 100x lower market caps and as a result of his trading, he increased his crypto portfolio by a staggering +3,475,758.8%.
Making $1.6 Billion on SHIB, ETH and CRO
Specifically, the on-chain analytics account mentions that this whale used three major assets to earn his enormous profits – Shiba Inu (SHIB) and Cronos (CRO).
Currently, the whale holds $441 million worth of Ethereum, and this is the largest part of his crypto portfolio – 27%. The average price at which he bought this ETH over time is $2,069. His profit and loss on ETH amounted to +$6,732,159.
Calling the whale’s portfolio impressive, the X analytics account as the other two largest crypto in it. At the time of writing, he holds $423,628,077 worth of CRO and $374,333,542 worth of SHIB. His profit and loss on these two coins is +$7,178,953.36.
Dormant ETH Whale Starts Selling
Meanwhile, another whale is selling a large supply of Ethereum. According to an X post published by the blockchain sleuth @lookonchain, this wallet has been dormant for five years.
Now he has deposited 39,260 ETH on the Kraken exchange. The data source notes that between June and August 2017, this whale accumulated 47,260 ETH at the price of $240. If he completes the sale on Kraken, his profit would be about $78 million, says @lookonchain.
