ETH Flash Loan Whales Deposit 3,900 ETH into Binance, Crushing $29.93 Million Profit

On December 4th, COINOTAG News reported significant movements in the Ethereum market as the influential “ETH Flash Loan Whales” recorded an impressive $29.93 million in profit. Recent data from ai_9684xtpa indicated that this group deposited 3,900 ETH into Binance, translating to approximately $14.25 million. With an acquisition cost of merely $2,265 per coin, a potential sale could yield an additional $5.42 million, bringing their total profit to an astounding $35.35 million. Furthermore, these whales continue to hold a substantial amount of 48,090 ETH, which underscores their significant influence on market dynamics. This transaction highlights the ongoing trends within the cryptocurrency landscape, where strategic holdings and trading activities can result in considerable financial gains.