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Whale/Institution Sells 30,000 ETH Through Wintermute and Coinbase Again

Summary: According to on-chain data analyst Yu Jin, a whale/institution that previously made a profit of $30.45 million through two ETH trading rounds sold 30,000 ETH through Wintermute and Coinbase from last night to early this morning. They bought 132,000 ETH at an average price of $2,540 from June 11 to June 22, and started selling ...

According to on-chain data analyst Yu Jin, a whale/institution that previously made a profit of $30.45 million through two ETH trading rounds sold 30,000 ETH through Wintermute and Coinbase from last night to early this morning. They bought 132,000 ETH at an average price of $2,540 from June 11 to June 22, and started selling ETH to take profits from July 9. They have sold 63,592 ETH for $170 million, with an average selling price of $2,686, realizing a profit of $9.28 million. They still hold 70,000 ETH (approximately $193 million) and are expected to continue selling to take profits in the coming days.

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