Ethereum Whale Scores $3.24 Million Profit From High-Speed Trade

A prominent Ethereum whale executed a profitable swing trade, selling 30,000 ETH and buying back the same amount at a lower price, resulting in a $3.24 million profit within six hours. This maneuver highlights the potential for quick profits in the dynamic Ethereum market and was facilitated by Wintermute OTC, a known market facilitator. The transaction is documented on-chain, with notable market volatility following the trade.