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A whale holding $239 million in ETH sold 5,000 ETH for a profit of $470,000
Odaily Planet Daily reports that on-chain analyst Ai Yi monitored that an address (0x54d…6029) sold 5,000.08 ETH at an average price of $2,066 on the blockchain in the past 20 minutes, totaling $10.33 million. The address previously bought 5,064.08 ETH at an average price of $1,972 over the past two weeks, with a profit of $470,000. Currently, this entity’s four addresses have collectively deposited 124,400 ETH as collateral on Aave, worth $239 million, and have borrowed over $132 million in stablecoins.