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Whale once again reduced holdings by 10,000 ETH, cashing out nearly 33 million USD in a week.
[Block Rhythm] On July 17, according to on-chain data analysts, [a Whale/institution that profited 30.45 million USD from two ETH swing trading] continued to reduce its holdings by 10,000 ETH on a certain platform 5 hours ago, equivalent to approximately 32.97 million. After more than a week of gradual reduction, this address has only 35,000 ETH left.
The Address started the third round of swing trading ETH from June 11 to June 22: bought 132,000 ETH at an average price of 2,540, and then began to sell ETH in batches from July 9 to take profits. Currently, 98,592 ETH have been sold for 277 million USDC, with an average selling price of 2,810 USD, realizing a profit of 26.62 million USD from this portion. The current holding of ETH is 35,000 (, approximately 117 million USD ), with a floating profit of 28.5 million USD.