The whale, who had previously achieved a 22.7-fold return on ETH, made another profit of over one million dollars five hours ago

Blockchain analyst EmberCN tweeted that the whale, who had previously achieved a 22.7-fold return ($59M) on ETH, harvested another $1.18M from ETH five hours ago.

On May 21st, due to the increased probability of approval for the ETH spot ETF, he spent 10 million DAI to buy 2,847 ETH at a price of $3,512 each. Last night when ETH rose close to $4,000, he decided to sell and secure his profits: He sold 3,025 ETH at a price of $3,904 each in exchange for 11.8 million DAI. This time around he made a profit of $1.18M (11%) within one week; his total earnings on ETH have reached as high as $60.24M.