Whales Accurately Hunt ETH, Making a Crazy $23.73 Million in 25 Days! What Can We Learn?
On-chain tracking reveals that a whale/institution made $23.73 million in just 25 days with a 43% return by trading 30,000 ETH through Wintermute OTC.
The buying logic is solid: they exchanged 54.9 million USDC for ETH on April 27th at an average cost of $1830.
The selling rhythm is also ruthless: they just sold this batch of ETH back to Wintermute today, cashing out $78.63 million at an average price of $2621.
This operation reveals a few points worth considering:
OTC transactions avoid market volatility and hedge against slippage, making them the preferred route for large funds.
Whales don't trade frequently, but wait precisely for valuation repairs before launching concentrated attacks.
ETH, as a value reserve asset, is still firmly bet on by "smart money," and the current price range still has strategic appeal.
The market stages such "secret battles" every day; the key is whether you can recognize the rhythm behind them. What whales can do, we retail investors can also leverage.
