ETH Swing Trading Whale Sells 10,000 stETH, Profiting $1.039 Million

According to on-chain analyst Ai Yi, an address (0xd45...FB20), which had previously made a profit of $98.18 million from ETH swing trading, has made its first sale since establishing its position on January 12. Three hours ago, the address deposited 10,000 stETH, valued at $30.12 million, to Wintermute and subsequently received 30.03 million USDC.

This address has recently accumulated a total of 70,013 ETH at an average cost of approximately $2,907. This sale resulted in a profit of $1.039 million. The address currently still holds 60,013 ETH, with an unrealized profit of $7.243 million. Its cumulative profit from ETH swing trading has now increased to $99.22 million.