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BTC $60,631.26 +0.15%
ETH $1,555.90 -2.00%
BNB $573.19 -1.19%
XRP $1.09 -0.35%
SOL $61.68 -4.31%
TRX $0.3206 -0.19%
DOGE $0.0813 +0.08%
ADA $0.1580 -0.55%
BCH $217.29 +0.56%
LINK $7.34 +0.08%
HYPE $58.03 -2.34%
AAVE $59.96 -1.88%
SUI $0.7139 +2.84%
XLM $0.2023 +8.40%
ZEC $343.93 +3.50%

Data: A certain whale that previously used a revolving loan to buy ETH has fully liquidated, expecting a profit of 31%

2024-03-19 11:16:09
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a whale that bought 13,689 ETH at an average price of $2,600 through a circular loan in February has sold all the ETH. This round of ETH investment is expected to profit $10.95 million (+31%):

  1. An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;

  2. An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;

  3. Twenty minutes ago, the last 6,391 ETH (approximately $21.77 million) was transferred to Binance.

In this way, he sold 13,691 ETH in an hour and a half, with an average price of about $3,400. Compared to his purchase cost of $2,600, he should have made a profit of $10.95 million (+31%).

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