Place your ads here email us at info@blockchain.news
USDC reserves Flash News List | Blockchain.News
Flash News List

List of Flash News about USDC reserves

Time Details
00:24
ETH Whale Exits 80,835 ETH At 4,458 USD Avg, Sends Final 10,000 ETH to FalconX; Cumulative Profit Hits 93.74M USD, Holds 620M USDC – On-Chain ARKM Data

According to @EmberCN, the tracked whale or institution transferred the final 10,000 ETH, valued around 45.05 million USD, to FalconX about five hours ago, signaling completion of its ETH take-profit sequence (source: X post https://x.com/EmberCN/status/1974994248522215629). According to @EmberCN, this address executed a half-month swing trade by buying ETH in late September at an average of 4,256 USD and selling 80,835 ETH from October 2 to today at an average of 4,458 USD for approximately 360 million USD notional (source: X post https://x.com/EmberCN/status/1974994248522215629). According to @EmberCN, profit on this latest swing was 16.33 million USD, bringing cumulative ETH swing profits to 93.74 million USD (source: X post https://x.com/EmberCN/status/1974994248522215629). According to @EmberCN, after fully exiting ETH, the entity now holds about 620 million USDC and is waiting for the next swing entry, with the address identified as 0x2aAF355c820676C104bd00Ee6c506FA05998dDa2 for on-chain verification (sources: X post https://x.com/EmberCN/status/1974994248522215629; ARKM Intel address https://intel.arkm.com/explorer/address/0x2aAF355c820676C104bd00Ee6c506FA05998dDa2). According to @EmberCN, Trend Research also completed its exit today, indicating multiple large sellers finished distribution on the day (source: X post https://x.com/EmberCN/status/1974994248522215629).

Source