Whale Profits from ETH Trade and Invests in WBTC | Flash News Detail | Blockchain.News

Whale Profits from ETH Trade and Invests in WBTC

11/17/2024 2:52:59 PM

Whale Profits from ETH Trade and Invests in WBTC

According to EmberCN, a large whale or institution has taken profits from a recent Ethereum trade. The entity borrowed 33 million USDC from Aave and purchased 11,486 ETH at a price of $2,873 each. After holding the ETH for 10 days, they sold all of it at an average price of $3,083 within the last half hour, realizing a profit of $2.4 million. After repaying the loan, the profits were converted into 26.6 WBTC. (Source)

USDC Aave ETH WBTC EmberCN

More from 余烬 (@EmberCN): Analyst about On-chain Analysis