Data: A certain whale resold 5,230 Ethereum, selling a total of 25,800 pieces within a week
According to on-chain analyst Yu Jin (@EmberCN), the whale address 0xa339, which has been using circular loans to go long on Ethereum, sold 5,230 Ethereum (approximately $15.75 million) in the past 20 minutes, with an average selling price of $3,013.
In the past week, this address has sold a total of 25,829 Ethereum (approximately $74.85 million), with an average selling price of $2,898. Data shows that the whale's cost basis for Ethereum is $2,545, resulting in a profit of approximately $9.11 million from this transaction.
Currently, this address still holds 24,700 Ethereum (approximately $74.48 million).
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