BTC $78,594.52 -0.67%
ETH $2,495.07 +0.28%
BNB $750.89 +1.62%
XRP $1.44 +2.84%
SOL $104.08 +0.22%
TRX $0.3391 +1.34%
DOGE $0.0902 +0.42%
ADA $0.2232 +1.65%
BCH $258.29 -0.71%
LINK $12.71 -0.24%
HYPE $84.37 -0.85%
AAVE $129.77 -1.52%
SUI $0.8188 -0.63%
XLM $0.1895 -0.25%
ZEC $1,169.93 +1.29%
BTC $78,594.52 -0.67%
ETH $2,495.07 +0.28%
BNB $750.89 +1.62%
XRP $1.44 +2.84%
SOL $104.08 +0.22%
TRX $0.3391 +1.34%
DOGE $0.0902 +0.42%
ADA $0.2232 +1.65%
BCH $258.29 -0.71%
LINK $12.71 -0.24%
HYPE $84.37 -0.85%
AAVE $129.77 -1.52%
SUI $0.8188 -0.63%
XLM $0.1895 -0.25%
ZEC $1,169.93 +1.29%

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

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 An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;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 An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;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