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Whale continues to reduce holdings of 10,000 ETH, previously profiting $30.45 million from two rounds of swing trading ETH.
Odaily News According to on-chain analyst Yu Jin @EmberCN, a Whale/institution that previously made a profit of 30.45 million USD through two rounds of ETH swing trading has again reduced its holdings by 10,000 ETH through Wintermute half an hour ago. This address purchased 132,000 ETH at an average price of 2,540 USD during the third round from June 11 to June 22 and started taking profit in batches from July 9. So far, it has sold 73,592 ETH for 200 million USDC at an average selling price of 2,720 USD, realizing a cumulative profit of 13.24 million USD. Currently, this address still holds about 60,000 ETH, worth approximately 180 million USD.