According to COINOTAG News on September 22, on-chain analyst Yu Jin reports that the entity identified as “Whale/Institution Profitable via ETH Band” has realized approximately $76.05 million in reported profits based on on-chain metrics. The dataset shows a recent acquisition of 10,000 ETH — executed via the market-maker counterparty Wintermute — valued at roughly $42.3 million about thirty minutes prior to the report, reflecting realized gains and consolidated position activity.
COINOTAG data further detail that the same address accumulated a total of 20,000 ETH during the session, deploying approximately $85.956 million USDC with an average purchase price of $4,298 per ETH. These entries are recorded on-chain and quantify the transaction size and cost basis without extrapolating market impact beyond the reported figures.