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🚀 Whale Profits $93.74 Million from Ethereum Trading

According to BlockBeats, a significant whale or institution has completed its Ethereum trading cycle, achieving a profit of $93.74 million. The entity finalized its last Ethereum sale five hours ago, transferring 10,000 ETH, valued at $45.05 million, to FalconX. Over the past two weeks, the whale engaged in strategic trading, initially purchasing Ethereum at an average price of $4,256 per ETH in late September. Subsequently, they sold 80,835 ETH, worth $360 million, at an average price of $4,458 per ETH from October 2 onwards.

Following the liquidation of their Ethereum holdings, the whale now possesses $620 million in USDC, positioning themselves for future trading opportunities.


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