BTC $78,515.74 -0.78%
ETH $2,489.84 -0.10%
BNB $752.45 +1.59%
XRP $1.43 +2.14%
SOL $103.78 -0.38%
TRX $0.3389 +1.45%
DOGE $0.0900 -0.31%
ADA $0.2237 +1.01%
BCH $257.43 -1.24%
LINK $12.68 -2.08%
HYPE $83.88 -1.61%
AAVE $129.11 -2.57%
SUI $0.8205 +0.19%
XLM $0.1902 -0.80%
ZEC $1,177.18 +0.87%
BTC $78,515.74 -0.78%
ETH $2,489.84 -0.10%
BNB $752.45 +1.59%
XRP $1.43 +2.14%
SOL $103.78 -0.38%
TRX $0.3389 +1.45%
DOGE $0.0900 -0.31%
ADA $0.2237 +1.01%
BCH $257.43 -1.24%
LINK $12.68 -2.08%
HYPE $83.88 -1.61%
AAVE $129.11 -2.57%
SUI $0.8205 +0.19%
XLM $0.1902 -0.80%
ZEC $1,177.18 +0.87%

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 An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;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 An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;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