Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Data: Whale Profits $3.24 Million from Short-term Arbitrage by Buying Low and Selling High 30,000 ETH via OTC

Data: Whale Profits $3.24 Million from Short-term Arbitrage by Buying Low and Selling High 30,000 ETH via OTC

Chaincatcher2025/05/26 01:03
ETH+1.08%

According to ChainCatcher, on-chain analyst Ember has monitored that a whale/institutional address purchased 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.

This address had previously sold the same amount of ETH on May 22 at a unit price of $2,621, making a profit of about $23.73 million (+43%). This round of low-level replenishment allowed for an additional arbitrage of $3.24 million between the two transactions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
"Maji Big Brother"'s ETH long position has turned from a loss to a profit, with a current unrealized gain of approximately $52,000.
2
Analyst: Bitcoin risk assessment model currently at 58 points; above 60 points signals "risk aversion"

Crypto prices

More
Bitcoin
Bitcoin
BTC
$101,956.76
-2.43%
Ethereum
Ethereum
ETH
$3,326.31
-4.55%
Tether USDt
Tether USDt
USDT
$1
+0.04%
XRP
XRP
XRP
$2.25
-1.10%
BNB
BNB
BNB
$947.04
-0.57%
Solana
Solana
SOL
$157.71
-0.46%
USDC
USDC
USDC
$0.9997
-0.03%
TRON
TRON
TRX
$0.2857
+1.59%
Dogecoin
Dogecoin
DOGE
$0.1652
+0.52%
Cardano
Cardano
ADA
$0.5340
-0.67%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter