TechFlow news, August 1 — according to on-chain analyst EmberCN (@EmberCN), a large whale who has made a cumulative profit of $73.96 million from ETH trades has started re-entering the market by buying ETH again. Within the past four hours, this address transferred 173 million USDT to Wintermute and subsequently received 20,000 ETH, worth approximately $74.06 million.
Previously in June, this whale bought 132,000 ETH at an average price of $2,540 and sold 113,600 ETH in July at an average price of $2,923, realizing a profit of $43.5 million. Currently, the address holds 40,000 ETH with an average holding cost of $3,121.
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