A certain Whale/Institutional Address reduced its holdings by another 10,000 ETH 5 hours ago and still holds 35,000 ETH.
BlockBeats News, July 17th, according to on-chain data analyst Wu Ji monitoring, [Whale/Institution Profited $30.45 Million Through Two ETH Swing Trades] continued to sell 10,000 ETH (approximately $32.97 million) through Wintermute 5 hours ago. After more than a week of phased selling, the address now holds only 35,000 ETH.
The address started its third round of ETH swing trading from June 11th to June 22nd: buying 132,000 ETH at an average price of $2,540, then starting to sell ETH in batches to take profits from July 9th. It has sold 98,592 ETH for 277 million USDC, with a selling average price of $2,810, realizing a profit of $26.62 million from this portion of sales. It currently holds 35,000 ETH (approximately $117 million), with an unrealized profit of $28.5 million on this portion.
You may also like

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

DeepSeek Financing Story

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?


