Smart money that built ETH positions in September 2020 is suspected to have sold more than 11,000 ETH in the past two weeks, with the cost of building positions as low as $906.5.

According to monitoring by ai_9684xtpa, address 0x306...6Ab84 is suspected of recently selling 11,185 ETH, with a low initial cost of $906.5. A sell-off would have yielded a profit of approximately $31.35 million. Six hours ago, this address deposited 5,000 ETH, valued at $19.21 million, to Binance and initiated a redemption request for 6,383.53 ETH from Lido. This address has made two large deposits to exchanges this month, the last of which was 6,185 ETH (approximately $22.28 million) two weeks ago. Between September 2020 and February 2025, this address accumulated 39,546.52 ETH at an average price of $906.5, and currently holds 10,513.14 ETH.