A certain whale/institutional address bought 30000 ETH 6 hours ago and earned a profit of 3.24 million US dollars through band trading

律动BlockBeats|May 26, 2025 00:27
According to BlockBeats news, on May 26th, according to on chain data analyst Yu Jin's monitoring, the giant whale/institution that sold 30000 ETH through Wintermute OTC four days ago repurchased these 30000 ETH six hours ago. I made an ETH wave and earned a profit of 3.24 million US dollars.
It is reported that on May 22nd, they sold 30000 ETH through Wintermute OTC and made a profit of $23.73 million (+43%), with a selling price of $2621 at that time. Today they spent 75.39 million USDC through Wintermute to repurchase these 30000 ETH, with an average price of 2513 USD. The buyback price is $108 cheaper than the selling price a few days ago. Equivalent to locking in a profit of 3.24 million US dollars.
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