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On July 16, according to @EmberCN monitoring, [a Whale/institution that made a profit of 30.45 million USD through two swing trading of $ETH] continued to reduce its holdings by 15,000 ETH via Wintermute in the past 8 hours, totaling 1.6 million USD (.
They started the third round of swing trading ETH from 6/11 to 6/22: buying 132,000 ETH at an average price of $2,540, and then began to sell ETH in batches for profit starting from 7/9.
A total of 88,592 ETH has been sold for 246 million USDC, with an average selling price of 2,779 USD, realizing a profit of 21.17 million USD from this portion.
They currently hold 45,000 ETH, which is approximately 141 million USD, and this part has an unrealized profit of 26.86 million USD.#Gate 2025 Q2 Report Released #Altcoin Season Update