A major Ethereum whale has offloaded 98,592 ETH since July 9, generating $277 million in USDC with an average selling price of $2,810. The whale, known for swing trading, recently sold 10,000 ETH through Wintermute, valued at approximately $32.97 million. The total realized gains from these transactions amount to $26.62 million. The address still holds 35,000 ETH, worth about $117 million, with a floating profit of $28.5 million.
ETH Whale Sells Nearly 100,000 ETH, Gains $26 Million
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