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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
"Whale/Institution profited $74.92 million from ETH swing trading" spent 80.77 million USDC to buy 18,000 ETH.
On September 18, according to on-chain analyst Yu Jin's monitoring, "a Whale/institution that made a profit of 74.92 million dollars through swing trading ETH" used 80.77 million USDC to purchase 18,000 ETH at a price of 4,487 dollars via Wintermute early this morning, resulting in an ETH rebound to 4,600 dollars. This means that just hours after buying, his 18,000 ETH has already realized gains of 2 million dollars. They have made a profit of 74.92 million dollars through swing trading ETH and currently hold 530 million USDC and 25,000 ETH (1.14 billion dollars ).