TechFlow news, June 12 — According to on-chain analyst Spot On Chain (@spotonchain), an institutional investor who previously made $30.45 million in profits from ETH trades repurchased ETH just one day after selling.
The investor sold 30,000 ETH via an over-the-counter transaction to Wintermute on June 10 for $78.63 million at an average price of $2,621, locking in a profit of $6.72 million (+8.91%) after holding for 15 days. Since April 27, this investor has accumulated a total profit of $30.45 million (+23.4%) from ETH trading.
About 11 hours ago, the investor repurchased 16,500 ETH from Wintermute at an average price of $2,818, totaling $46.5 million.
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