Whale liquidates 10,000 ETH before the crash, making a profit of $1.51 million in 3 hours

【BlockBeats】On-chain data shows that a large holder who previously earned $96.67 million from ETH swing trading today, just before the market sharply declined, precisely sold 10,000 ETH at a price of $3,321, totaling $33.21 million, successfully avoiding the subsequent downturn and making a profit of $1.51 million in a single trade.

An interesting detail behind this transaction is that this whale is the same address that bought 10,000 ETH at $3,170 eleven days ago. The initial purpose of that purchase was to follow a long position on BTC futures, but that contract ended in failure. Instead, this passive buy of spot ETH became his profit source a few days later during the market rebound. From $3,170 to $3,321, the seemingly small price difference, for a volume of 10,000 ETH, still easily translated into a million-level profit.