Flash Loan Whale Engages in ETH Long Position, Sells 5000 ETH in Under 1 Hour

BlockBeats News, December 27th, according to Embermonitor, in the past 1 hour, the whale 0xa339, who went long on ETH through a leveraged loan, continued to sell 5000 ETH and swapped them for 14.6 million USDC.

He has sold a total of 35,605 ETH ($1.037 billion) in the past 11 days, with an average price of $2,914, realizing a profit of $13.14 million. He still holds 15,000 ETH ($43.88 million).