Ethereum (ETH) Whale Nets $76.05M Profit, Sells 20,830 ETH via Wintermute After Price Tops $4,300
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
ETH scalping activity has yielded a reported profit of $76.05 million, according to ChainInfo and COINOTAG News on October 2. After Ether climbed above $4,300, the entity executed an off-exchange disposition of 20,830 ETH via Wintermute, converting the holdings into 89.72 million USDC at an average sell price of $4,307.
ChainInfo further documents that the same participant accumulated 60,333 ETH in late September, deploying approximately $257 million at an average entry of $4,256. The on-chain record indicates a pattern of tranche-based selling on rallies and opportunistic accumulation on dips, a behavior profile market participants and liquidity providers may monitor for execution and risk management considerations.
