An ETH Swing Whale Has Continued to Offload 15,000 ETH Worth $46 Million via Wintermute in the Past 8 Hours

According to Jinse Finance, on-chain analyst Yujin has monitored that a whale/institution, which previously made $30.45 million in profits from two ETH swing trades, has continued to reduce its holdings by selling 15,000 ETH ($46 million) through Wintermute in the past 8 hours. They began their third round of ETH swing trading from June 11 to June 22, purchasing 132,000 ETH at an average price of $2,540, and have been gradually selling ETH for profit since July 9. So far, they have sold 88,592 ETH in exchange for $246 million USDC, with an average selling price of $2,779, realizing a profit of $21.17 million on this portion. They currently still hold 45,000 ETH ($141 million), with an unrealized profit of $26.86 million on this portion.