Whales/institutions that profited from two ETH swing trades have purchased ETH worth $127 million in the past 6 hours.
BlockBeats reported that on June 13, according to Ember monitoring, [a whale/institution that profited 30.45 million USD from two $ETH trading cycles] after today's decline, has used 127 million USDC in the past 6 hours to buy 48.80 thousand $ETH at the bottom.
After profiting 30.45 million USD from two $ETH trading cycles earlier, they started their third $ETH purchase on the 11th, spending 46.49 million USDC to buy 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 trading cycle has cumulatively spent 174.10 million USD to buy 65,325 $ETH at an average price of 2,665 USD. They are currently at an unrealized loss.
Whales/institutions that profited from two ETH swing trades have purchased ETH worth $127 million in the past 6 hours.
BlockBeats reported that on June 13, according to Ember monitoring, [a whale/institution that profited 30.45 million USD from two ETH trading cycles] after today's decline, has used 127 million USDC in the past 6 hours to buy 48.80 thousand ETH at the bottom.
After profiting 30.45 million USD from two ETH trading cycles earlier, they started their third ETH purchase on the 11th, spending 46.49 million USDC to buy 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 trading cycle has cumulatively spent 174.10 million USD to buy 65,325 ETH at an average price of 2,665 USD. They are currently at an unrealized loss.
