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TechFlow, May 26 — According to on-chain analyst Ember (@EmberCN), an institutional investor recently completed a set of ETH swing trades via Wintermute OTC.
The institution sold 30,000 ETH at $2,621 on May 22, realizing a profit of $23.73 million. Today, it repurchased the same amount of ETH for 75.39 million USDC at $2,513, generating a profit of $3.24 million in this round of trading.
According to on-chain analyst EmberCN (@EmberCN), an institutional investor recently executed a set of ETH swing trades via Wintermute OTC. The institution sold 30,000 ETH at $2,621 on May 22, realizing a profit of $23.73 million. Subsequently, today it repurchased the same amount of ETH by paying $75.39 million in USDC at a price of $2,513, generating a profit of $3.24 million in this trading round.
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