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Whale/Institution Buys Over $30 Million ETH Again After Profiting $30.45 Million from Two ETH Swing Trades

Summary: According to on-chain analyst Yu Jin, a whale/institution that profited $30.45 million from two ETH swing trades has now converted the remaining $30.58 million USDC in their address into 13,498 ETH. In just 11 days since June 11, they have bought 132,000 ETH with $336 million USDC, with an average cost of $2,540. They are ...

According to on-chain analyst Yu Jin, a whale/institution that profited $30.45 million from two ETH swing trades has now converted the remaining $30.58 million USDC in their address into 13,498 ETH. In just 11 days since June 11, they have bought 132,000 ETH with $336 million USDC, with an average cost of $2,540. They are currently facing a unrealized loss of $39.76 million.

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Link: Whale/Institution Buys Over $30 Million ETH Again After Profiting $30.45 Million from Two ETH Swing Trades   [Copy]
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