ETH large whale sells 10,000 stETH, profit of $1,039,000

ETH2,89%
STETH2,82%

Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that a certain address (0xd45…FB20), which previously gained a profit of 98.18 million USD from ETH swings, sold for the first time since establishing the position on January 12. Three hours ago, this address deposited 10,000 stETH into Wintermute, worth 30.12 million USD, and subsequently received 30.03 million USDC.

Recently, this address accumulated a total of 70,013 ETH at an average cost of approximately 2,907 USD, with a profit of 1.039 million USD from this sale. Currently, the address still holds 60,013 ETH, with an unrealized profit of 7.243 million USD, and its cumulative profit from ETH swings has increased to 99.22 million USD.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum Defies Crowd Expectations: Here’s Why ETH May Crash Even With a US-Iran Deal

While the war between the United States (supported by Israel) and Iran has dragged on for almost a month, recent indications hint that a de-escalation might be on the horizon. Some industry participants believe that an eventual truce could act as a catalyst for the cryptocurrency market, but one po

CryptoPotato4m ago

Ethereum (ETH) on the Edge: Critical Level Stands Between New Bull Run and a Major Crash

While the second-largest cryptocurrency has registered a significant rebound over the past month, it remains at risk of plummeting to drastically low levels during this cycle. On the other hand, some important indicators suggest that the worst might be over and the price could be gearing up for a m

CryptoPotato1h ago

Hong Kong will include tokenized bonds in the standard financial settlement framework, and will promote a comprehensive crypto regulatory regime

The Hong Kong government plans to include tokenized bonds in the regulated financial system in the 2026–2027 fiscal budget, build a digital asset platform, and drive Hong Kong to become a digital finance hub. The Monetary Authority is planning to issue stablecoin licenses and establish a strict regulatory framework, while also facing multiple challenges that require resolving blockchain interoperability and legal alignment issues.

ChainNewsAbmedia1h ago

Record Staking: Ethereum Foundation Locks $46M Worth of ETH in a Single Day

The Ethereum Foundation recently staked over 22,000 ETH, marking its largest single-day staking move. This strategy aligns with a focus on yield generation and ecosystem support, aiming to reduce sell pressure during market fluctuations.

LiveBTCNews1h ago
Comment
0/400
No comments