Whale Profiting from Swings Increases ETH Holdings by 10,000 Coins to 40,000 Coins, Average Price $3,241 - Nearly $100 Million in Profit

BlockBeats News, January 8th, according to monitoring, the 「$96.67M Whale Profiting Through ETH Flashloan」 address liquidated the remaining $31.7M USDC this morning in Hyperliquid after a stop-loss position, and purchased 10,000 ETH via Wintermute OTC. Currently, it holds 40,000 ETH (worth approximately $127M) with an average cost of $3,241.

This address incurred a $3.8M loss this morning when liquidating a BTC long position.