A certain whale sold ETH for $148 million in cash, with total profits exceeding $15 million.
According to TechFlow, on December 29, on-chain analyst Onchain Lens (@OnchainLens) monitored that whale address "0xa339" completed a long ETH trade through a cycle lending operation, cumulatively selling 50,623 ETH and obtaining approximately $148 million USDC/USDT, with an average selling price of $2,921, resulting in an overall profit of more than $15 million. Previously, this address had sold 35,621 ETH for a profit of $104 million, and recently sold another 10,002 ETH in exchange for $29.38 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hourglass: Stable Pre-Deposit Event Phase 2 Funds Will Be Available for Withdrawal on December 31, 2025
Stablecoin Deposit Event Phase 2 Withdrawal Opens on December 31
