According to reports, a large holder of cryptocurrencies (often referred to as a 'whale') has recently taken an important market action. This whale transferred 1,600 Ethereum (ETH) into the global leading digital currency trading platform, Binance, just one hour ago. The total amount involved in this transaction is approximately $6.83 million, showcasing the whale's precise judgment of market trends and its ability to seize the right moment. Notably, the average cost price of these 1,600 ETH was around $2,325 each, suggesting that the whale stands to gain over $500,000 in profit based on the current market value. Furthermore, the remaining 966 un-sold ETH still hold potential for an additional $320,000 in profit. Through this operation, the whale managed to accumulate profits of over $860,000 within eight days through strategic trading of ETH, further demonstrating their keen insight and exceptional trading skills in the market.