TechFlow news, September 18 — According to on-chain analyst Ember (@EmberCN), a whale/institution that previously profited $74.92 million from ETH swing trading purchased 18,000 ETH at $4,487 each early today using 80.77 million USDC via Wintermute.
After the purchase, ETH price rebounded to $4,600, giving the whale approximately $2 million in unrealized profit within hours. The whale currently holds 530 million USDC and 25,000 ETH, worth around $114 million.
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