Data: A major whale focusing on ETH breakout has cumulatively sold 17,500 ETH, expecting a profit of 5.92 million USD
According to ChainCatcher news, on-chain analyst Yu Jin monitored that the whale 0x828, which mainly focuses on ETH breakout trends, exchanged 17,500 ETH for 33.74 million USDC at an average price of $1,928 last night. Currently, this whale still holds 2,500 ETH, indicating that its current round of ETH chasing investment has basically ended.
It is reported that this whale bought 25,221 ETH for 42.3 million USDC from October 20 to November 2, with an average price of $1,677; from November 6 to November 18, it sold 21,771 ETH for 41.75 million USDC, with an average price of $1,918. The expected profit from this round of ETH investment is $5.92 million.
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