TechFlow news, July 10: According to on-chain analyst Ember (@EmberCN), a large whale/institution sold 30,000 ETH through Wintermute and Coinbase from last night into early today.
The investor purchased 132,000 ETH at an average price of $2,540 between June 11 and June 22, and began taking partial profits starting July 9. So far, they have sold 63,592 ETH for 170 million USDC at an average selling price of $2,686, realizing a profit of $9.28 million.
The investor still holds approximately 70,000 ETH, worth $193 million.
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