According to a report by Jinse Finance, on-chain analyst Yu Jin monitored that a whale/institution, which has made $74.92 million in profits from ETH swing trading, purchased 18,000 ETH at a price of $4,487 using 80.77 million USDC through Wintermute in the early hours of today. After the purchase, ETH rebounded to $4,600. In other words, just a few hours after buying, this batch of 18,000 ETH has already yielded an unrealized profit of $2 million. They have already made $74.92 million in profits from swing trading ETH, and currently hold $530 million in USDC and 25,000 ETH (worth $114 million).