TechFlow news, October 6 — According to on-chain analyst EmberCN (@EmberCN), a whale/institution that has already made a $93.74 million profit from this ETH swing trade completed its final ETH take-profit transaction today. Five hours ago, the address transferred the remaining 10,000 ETH (worth $45.05 million) to FalconX.
This whale's ETH swing trade lasted half a month, generating a total profit of $16.33 million. The specific operations were: purchasing ETH at an average price of $4,256 in late September, then gradually selling off 80,835 ETH (total value $360 million) from October 2 until now at an average selling price of $4,458.
The address currently holds $620 million in USDC, awaiting the next swing-buy opportunity.
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