A prominent Ethereum whale has sold 10,000 stETH for $30.12 million, realizing a profit of $1.04 million. The transaction was executed through Wintermute, with the wallet receiving 30.03 million USDC in return. This marks the first sale since the wallet began accumulating positions on January 12.
The wallet, known for its significant profits from ETH swing trading, has accumulated 70,013 ETH at an average cost of $2,907 per ETH. Despite the recent sale, the wallet still holds 60,013 ETH, with an unrealized profit of $7.243 million. The total profit from this wallet's trading activities has now reached $99.22 million.
ETH Whale Sells 10,000 stETH for $30.12M, Nets $1.04M Profit
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