Whale cashes out all ETH, realizing over 51.7 million USD in profit

According to on-chain data from Ember, a whale/large organization has sold off its last 10,425 ETH in the past 15 hours, fetching 49.74 million USDT.

• June: they transferred 98.33 million USDT from TRX to ETH.

• On July 14: all-in 33,333 ETH at an average price of 2,950 USD.

• After 1 month of holding, they began to gradually sell and completed this morning at an average price of 4,555 USD.

💰 Result: turned 98.33 million USDT into 150 million USDT, generating a profit of about 51.7 million USD.

$ETH $BTC