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SOL $88.58 +3.86%
TRX $0.3244 -0.39%
DOGE $0.0989 +3.00%
ADA $0.2582 +3.56%
BCH $449.16 +2.12%
LINK $9.52 +2.85%
HYPE $44.17 -2.58%
AAVE $115.36 +9.32%
SUI $0.9954 +2.00%
XLM $0.1686 +4.70%
ZEC $335.46 -2.19%

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 An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;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 An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;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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