According to ChainCatcher, on-chain analyst Yu Jin has monitored that a whale/institution, which has already made a profit of $85.34 million from ETH swing trading, has once again taken profits by selling 12,500 ETH ($56.77 million): they sold 12,500 ETH through FalconX in exchange for $56.77 million USDC at a selling price of $4,542.
This whale/institution had bought 60,333 ETH at the bottom in late September and has already sold most of it: in the past three days, they sold 55,830 ETH in exchange for $247 million USDC, making a profit of $93 million.