According to Mars Finance, analyst Yu Jin monitored that whale 0xa339, which used revolving loans to long on ETH, sold 10,599 ETH within one hour, worth approximately $29,940,000. This whale has sold a total of 20,599 ETH in the past two days, worth approximately $59,090,000, realizing a profit of $6,670,000. However, if the $40,000,000 loss from its liquidation at the bottom in April is included, the overall position remains unprofitable. The address currently still holds 30,000 ETH.
Data: A whale sold 10,599 ETH within one hour, worth approximately $29,940,000.
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