Whales/institutions that profited from two ETH swing trades have bought $127 million worth of ETH in the past 6 hours.
BlockBeats reports that on June 13, according to Ember Monitor, [a whale/institution that profited 30.45 million USD from two $ETH swing trades] has bought 48.80 thousand $ETH with 127 million USDC in the past 6 hours after today's decline.
After profiting 30.45 million USD from two previous $ETH swing trades, they started their third $ETH buying spree on the 11th, spending 46.49 million USDC to purchase 16.50 thousand ETH.
In the early hours today, $ETH experienced a significant drop, and they continued buying ETH. So far, they have transferred a total of 127 million USDC to Wintermute and Coinbase, purchasing 48,825 $ETH and withdrawing them to their address. In other words, their third $ETH swing trade has cumulatively spent 174.10 million USD to acquire 65,325 $ETH at an average price of 2,665 USD. Currently, they are at an unrealized loss.
Whales/institutions that profited from two ETH swing trades have bought $127 million worth of ETH in the past 6 hours.
BlockBeats reports that on June 13, according to Ember Monitor, [a whale/institution that profited 30.45 million USD from two ETH swing trades] has bought 48.80 thousand ETH with 127 million USDC in the past 6 hours after today's decline.
After profiting 30.45 million USD from two previous ETH swing trades, they started their third ETH buying spree on the 11th, spending 46.49 million USDC to purchase 16.50 thousand ETH.
In the early hours today, ETH experienced a significant drop, and they continued buying ETH. So far, they have transferred a total of 127 million USDC to Wintermute and Coinbase, purchasing 48,825 ETH and withdrawing them to their address. In other words, their third ETH swing trade has cumulatively spent 174.10 million USD to acquire 65,325 ETH at an average price of 2,665 USD. Currently, they are at an unrealized loss.
