The whale bought low and sold high 30,000 ETH through OTC, making a short-term arbitrage of $3.24 million

Odaily News According to @EmberCN monitoring, a whale/institutional address bought another 30,000 ETH through Wintermute OTC 6 hours ago at a price of $2,513, with a total cost of approximately $75.39 million USDC.
The address sold the same amount of ETH at a unit price of $2,621 on May 22, making a profit of approximately $23.73 million (+43%). This round of low-level covering enabled it to realize an additional arbitrage of $3.24 million between the two transactions.