Whale Holding $239 Million in ETH Sells 5,000 ETH, Profiting $470,000

Odaily News According to on-chain analyst Ai Yi's monitoring, an address (0x54d...6029) sold 5,000.08 ETH on-chain at an average price of $2,066 in the past 20 minutes, valued at $10.33 million. This address had purchased 5,064.08 ETH at an average price of $1,972 over the previous two weeks, resulting in a profit of $470,000 from this portion. Currently, the entity's four addresses have cumulatively deposited 124,400 ETH as collateral on Aave, valued at $239 million, and have borrowed over $132 million in stablecoins.