ETH large whale sells 10,000 stETH, profit of $1,039,000

ETH-4,04%
STETH-3,84%

Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that a certain address (0xd45…FB20), which previously gained a profit of 98.18 million USD from ETH swings, sold for the first time since establishing the position on January 12. Three hours ago, this address deposited 10,000 stETH into Wintermute, worth 30.12 million USD, and subsequently received 30.03 million USDC.

Recently, this address accumulated a total of 70,013 ETH at an average cost of approximately 2,907 USD, with a profit of 1.039 million USD from this sale. Currently, the address still holds 60,013 ETH, with an unrealized profit of 7.243 million USD, and its cumulative profit from ETH swings has increased to 99.22 million USD.

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