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According to on-chain analyst Yu Jin’s monitoring, a large whale sold ETH—liquidating its final 10,425 ETH within 13 hours and converting the proceeds to 49,737,000 USDT. The entity had earlier transferred 98,330,000 USDT from TRX into ETH via 10 addresses in June and accumulated a 33,333 ETH position on July 14 at an average entry price of $2,950. After roughly one month of holding, the holder executed a staged exit, completing sales early today at an average selling price near $4,555. On-chain data indicates the trade realized about $51.7 million in realized gains, increasing the original capital to approximately 150 million USDT, per the analyst’s report.
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