Data: ETH swing trading whale recently bought another 25,000 ETH at an average price of $3,304, with approximately $93 million in profits.

According to ChainCatcher, monitored by crypto analyst Ember (@EmberCN), a whale or institution that has accumulated approximately $93.74 million in profits through ETH swing trading has recently made significant additional purchases during the recent ETH pullback.

In the past two days, after transferring USDC to certain exchanges and other platforms, this entity withdrew about 25,004 ETH (approximately $82.6 million), with an average purchase price of around $3,304. Ember pointed out that this address typically holds assets for a short period, and starts selling in batches whenever ETH rises by one or two hundred dollars. As a result, it is less likely to be trapped during downward cycles, but often misses out on larger gains due to selling early. For example, previously, it bought over 100,000 ETH at around $2,500, and liquidated at an average price below $3,000, after which ETH once surged above $4,000.