According to on-chain analyst Ember (@EmberCN), a large whale address purchased 5,368 ETH at an average price of $2,422 five days ago, spending 13 million USDC. Today, the address sold all of it at $2,739, recovering 14.7 million USDC, for a net profit of approximately $1.7 million over five days.
Whale Makes $1.7M Profit from 5-Day ETH Swing Trade
TechFlowShare
Summary
A whale executed a 5-day ETH swing trade, purchasing 5,368 ETH at $2,422 using 13 million USDC. As the ETH price rose to $2,739, the whale sold the entire position for 14.7 million USDC, securing a $1.7 million profit. Whale activity in the ETH market has drawn attention as large traders capitalize on short-term price movements.
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