A certain Whale/institution address reduced its holdings by 10,000 ETH again 5 hours ago and still holds 35,000 ETH.

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On July 17, according to on-chain data analyst Yu Jin's monitoring, [a Whale/institution that earned 30.45 million USD through two ETH swing trades] continued to reduce its holdings of 10,000 ETH (, worth approximately 32.97 million ), through Wintermute five hours ago. After more than a week of gradual selling, this Address only has 35,000 ETH left. The Address began its third round of swing trading ETH from June 11 to June 22: purchasing 132,000 ETH at an average price of 2,540, and then starting from July 9, it has been selling ETH in batches to take profit. So far, it has sold 98,592 ETH for 277 million USDC, at an average selling price of 2,810 USD, realizing profits of 26.62 million USD from this portion sold. The remaining amount of ETH held is 35,000 (, worth approximately 117 million USD ), with unrealized gains of 28.5 million USD.

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