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Whale/Institutional Investor Buys 30,000 ETH in Last 8 Hours, Profiting $30.45 Million from Two ETH Swings

Summary: According to reports, the whale/institutional investor transferred 58.91 million USDC to Wintermute and 24 million USDC to Coinbase after the dip. They then withdrew 24,000 ETH from Wintermute and 6,000 ETH from Coinbase. Since starting their third ETH swing on June 11, the whale/institutional investor has spent a total of 297 million USDC to buy ...

According to reports, the whale/institutional investor transferred 58.91 million USDC to Wintermute and 24 million USDC to Coinbase after the dip. They then withdrew 24,000 ETH from Wintermute and 6,000 ETH from Coinbase. Since starting their third ETH swing on June 11, the whale/institutional investor has spent a total of 297 million USDC to buy 115,400 ETH in 10 days. The average price is around $2,574, currently facing a floating loss of $18.35 million. There is only 30 million USDC available in the address for further purchases.

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Link: Whale/Institutional Investor Buys 30,000 ETH in Last 8 Hours, Profiting $30.45 Million from Two ETH Swings [Copy]

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