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.