A whale/institution repurchased 30,000 ETH sold 4 days ago and made $3.24 million from this wave

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PANews
05-26
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PANews reported on May 26 that according to on-chain analyst Yu Jin's monitoring, the whale/institution that sold 30,000 ETH through Wintermute OTC 4 days ago, repurchased the same 30,000 ETH 6 hours ago. They made an ETH trading wave and earned $3.24 million.

◎On 5/22, they sold 30,000 ETH through Wintermute OTC, profiting $23.73 million (+43%), with a selling price of $2,621.

◎Today, they repurchased the 30,000 ETH through Wintermute by spending $75.39 million USDC, at a price of $2,513. The repurchase price was $108 cheaper than the previous selling price, which means they earned $3.24 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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