BTC $64,366.69 +2.04%
ETH $1,908.22 +1.31%
BNB $605.78 +0.17%
XRP $1.00 +0.21%
SOL $75.84 +0.95%
TRX $0.3307 -0.26%
DOGE $0.0702 +0.51%
ADA $0.1739 -0.81%
BCH $204.42 +0.43%
LINK $9.47 +0.80%
HYPE $59.02 +2.43%
AAVE $88.11 +1.75%
SUI $0.6767 +0.22%
XLM $0.1580 +0.51%
ZEC $516.02 +5.23%
BTC $64,366.69 +2.04%
ETH $1,908.22 +1.31%
BNB $605.78 +0.17%
XRP $1.00 +0.21%
SOL $75.84 +0.95%
TRX $0.3307 -0.26%
DOGE $0.0702 +0.51%
ADA $0.1739 -0.81%
BCH $204.42 +0.43%
LINK $9.47 +0.80%
HYPE $59.02 +2.43%
AAVE $88.11 +1.75%
SUI $0.6767 +0.22%
XLM $0.1580 +0.51%
ZEC $516.02 +5.23%

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

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 An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;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 An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;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