On-chain analyst Ember reported that a whale has fully exited a 10,501 ETH position opened about a month ago. According to the tracking data, the wallet spent 20 million USDC to buy 10,501 ETH at $1,904. The position has now been closed through two sales: 5,250 ETH sold yesterday and another 5,250 ETH sold early today. The average exit price was $2,257, bringing back a total of 23.7 million USDC. Based on those figures, the trade generated a profit of $3.7 million over roughly one month. The report was cited by Odaily in a brief market update focused on whale activity.
Odaily reported, citing on-chain analyst Ember, that a whale has fully closed a 10,501 ETH position.
Tracking data shows the whale spent 20 million USDC about one month ago to buy 10,501 ETH at $1,904. The wallet later sold 5,250 ETH yesterday and another 5,250 ETH early today. The average sale price was $2,257, and the two transactions brought back 23.7 million USDC in total.
That leaves the whale with a $3.7 million profit over one month, based on the figures shared by Ember.
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