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A whale or institution that profited from two previous ETH swings has purchased $127 million worth of ETH in the past six hours

A whale or institution that profited from two previous ETH swings has purchased $127 million worth of ETH in the past six hours

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星球日报星球日报2025/06/13 03:05

Odaily Planet Daily News: According to on-chain analyst Ember, a whale/institution that previously made $30.45 million in profits from two ETH swing trades has, following today’s price drop, used $127 million USDC in the past six hours to buy the dip and acquire 48,800 ETH.


After making $30.45 million from two previous ETH swing trades, they began a third round of ETH purchases on the 11th, spending $46.494 million USDC to buy 16,500 ETH at that time.


Early this morning, ETH experienced a significant decline, and they continued to buy ETH. So far, they have transferred a total of $127 million USDC to Wintermute and Coinbase, purchasing 48,825 ETH and withdrawing it to their address. In other words, for this third round of ETH swing trading, they have spent a total of $174.1 million to buy 65,325 ETH at an average price of $2,665. They are currently in an unrealized loss position.

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