TechFlow, June 21 — According to Etherscan monitoring, the whale/institution that previously profited $30.45 million from two ETH swing trades has continued buying the dip over the past 8 hours, accumulating 30,000 ETH following last night’s price drop.
After the market decline, this whale transferred 58.91 million USDC to Wintermute and 24 million USDC to Coinbase, then withdrew 24,000 ETH from Wintermute and 6,000 ETH from Coinbase.
Since starting their third ETH swing trade on June 11, they have spent a total of 297 million USDC to purchase 115,400 ETH over 10 days, at an average price of around $2,574. They are currently sitting on an unrealized loss of $18.35 million.
Add to Favorites
Share to Social Media
