A Major Whale or Institution Sells Another 30,000 ETH via Wintermute and a Certain Exchange
According to Jinse Finance, on-chain data analyst Yujin has monitored that a whale/institution, which previously made $30.45 million in profits from two ETH swing trades, continued to sell 30,000 ETH through Wintermute and a certain exchange from last night to early this morning. Between June 11 and June 22, during the third round, they bought 132,000 ETH at an average price of $2,540, and have been gradually selling ETH for profit since July 9. So far, they have sold 63,592 ETH for $170 million USDC, with an average selling price of $2,686. The realized profit from this portion is $9.28 million. They still hold 70,000 ETH (approximately $193 million), which is likely to be sold for profit in the coming days.
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