The smart institution that bought $333.78M worth of $ETH in mid-June is now selling!
In the past 7 hours, this institution sold 33,585 $ETH for $85.38M $USDC ($2,542 avg), locking in $806K in profit.
They have realized over $30M in profits from ETH and still hold 100,000 $ETH ($261.4M) staked.
Follow @spotonchain for more updates on this whale!
This institution has used up $112.96M $USDC to buy 47,070 $ETH at an avg. price of $2,400 during the recent 3-day market dip!
In total, it spent $333.78M to acquire 132,535 $ETH (avg. price: $2,518) via OTC deals with #Wintermute and #Coinbase over the past 11 days, now facing a floating loss of $36.68M (-11%).
With the recently gained $30M+ profit at risk, will this whale's bet pay off, or will it lose big? Follow @spotonchain for updates.
Here are their addresses:
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