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BTC $75,818.14 -2.10%
ETH $2,356.83 -3.38%
BNB $630.86 -1.99%
XRP $1.44 -3.37%
SOL $86.22 -3.50%
TRX $0.3293 +0.50%
DOGE $0.0951 -5.23%
ADA $0.2499 -4.33%
BCH $445.08 -2.19%
LINK $9.31 -3.87%
HYPE $44.23 -1.34%
AAVE $106.12 -8.87%
SUI $0.9617 -5.04%
XLM $0.1705 -2.71%
ZEC $324.25 -1.87%

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 An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;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 An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;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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