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A certain whale sold 1894 ETH through Uniswap LP, worth 6.5 million dollars

A certain whale sold 1894 ETH through Uniswap LP, worth 6.5 million dollars

2024/04/08 03:02

According to @ai_9684xtpa's monitoring, the whale that built a position of 23,712 ETH at an average price of $2,596 between January 14 and March 11, 2024 has sold 1,894 ETH worth $6.5 million through Uniswap LP. In the past 12 hours, this whale transferred 5,800 ETH and three million USDT to an intermediary address with a total value of $22.7 million. The receiving address then provided bilateral liquidity to the ETH/USDC trading pair in the price range of "3399~3409", selling out all its holdings within one hour; The remaining balance of 1226 ETH has been switched over for market making in the "3354~3447" price range - when the price of Ethereum exceeds $3,447 it will be completely sold off. Currently transaction fee income has already yielded profits amounting to $84k USD.

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