The whale converts Ethereum holdings to USDT, making a profit of 51.7 million dollars

According to PANews, a whale or a large entity in the cryptocurrency field recently sold its remaining Ethereum (ETH) holdings, which amounted to 10,425 ETH, for about 49.737 million USDT over the past thirteen hours. This entity purchased ETH in July and sold it in August, converting 98.33 million USDT to 150 million USDT. In June, the whale or entity transferred 98.33 million USDT from TRX to ETH using ten different addresses. On July 14, they made a significant investment by purchasing 33,333 ETH at an average price of 2,950 dollars.