A whale bought 16,500 ETH after earning 30.45 million dollars in a transaction on Ethereum.

According to Golden Finance, monitoring by Spot On Chain shows that a savvy institutional investor made $30.45 million in trades involving Ethereum, and after selling just one day later, they bought back in, indicating their ongoing bullish sentiment towards Ethereum. The “whale” sold 30,000 $ETH at an average price of $2,621 through an OTC deal with Wintermute on June 10, totaling $78.63 million. This transaction brought a profit of $6.72 million after holding for 15 days, with a return rate of 8.91%. Since April 27, the total profit of this address has reached $30.45 million, with a return rate of 23.4%. However, just 11 hours ago, this “whale” decided to act again, repurchasing 16,500 $ETH from Wintermute at a higher average price of $2,818, costing $46.5 million.