Whale Deposits 1,757 ETH to CEX After Four-Year Dormancy

According to BlockBeats On-chain Detection, a cryptocurrency whale has deposited 1,757 ETH, valued at $7.89 million, into a centralized exchange (CEX) after a four-year dormancy. This transaction resulted in a profit of $3.88 million. The movement of such a significant amount of Ethereum highlights the ongoing activity and strategic decisions made by long-term holders in the cryptocurrency market.