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ETH $1,618.59 +3.74%
BNB $589.44 +2.34%
XRP $1.12 +1.80%
SOL $64.44 +2.66%
TRX $0.3285 +2.43%
DOGE $0.0839 +2.25%
ADA $0.1618 +1.31%
BCH $223.58 +2.08%
LINK $7.71 +4.05%
HYPE $58.45 -0.65%
AAVE $62.45 +1.70%
SUI $0.7469 +3.82%
XLM $0.2036 -0.33%
ZEC $415.89 +14.32%

Data: A certain whale that previously used a revolving loan to buy ETH has fully liquidated, expecting a profit of 31%

2024-03-19 11:16:09
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a whale that bought 13,689 ETH at an average price of $2,600 through a circular loan in February has sold all the ETH. This round of ETH investment is expected to profit $10.95 million (+31%):

  1. An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;

  2. An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;

  3. Twenty minutes ago, the last 6,391 ETH (approximately $21.77 million) was transferred to Binance.

In this way, he sold 13,691 ETH in an hour and a half, with an average price of about $3,400. Compared to his purchase cost of $2,600, he should have made a profit of $10.95 million (+31%).

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