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BTC $75,916.60 -0.57%
ETH $2,250.40 -1.70%
BNB $617.09 -1.03%
XRP $1.37 -0.86%
SOL $83.00 -0.89%
TRX $0.3234 +0.12%
DOGE $0.1031 +3.69%
ADA $0.2444 -1.26%
BCH $447.34 -0.75%
LINK $9.10 -1.55%
HYPE $39.97 +0.08%
AAVE $94.11 -2.58%
SUI $0.9074 -1.88%
XLM $0.1600 -1.66%
ZEC $325.81 -3.15%

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 An hour and a half ago, 3,000 ETH was transferred to Binance and then withdrawn as $10.17 million U;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 An hour ago, 4,300 ETH was transferred to Binance and then withdrawn as $14.2 million U, fully repaying the loan on Compound;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