A whale purchases 16,500 ETH after earning $30.45 million from Ethereum transactions

According to monitoring by Spot On Chain, a savvy institutional investor earned $30.45 million from Ethereum trades and repurchased ETH just one day after selling, indicating a continued bullish outlook on Ethereum. This "whale" sold 30,000 ETH via an over-the-counter transaction with Wintermute on June 10 at an average price of $2,621, receiving a total of $78.63 million. After holding for 15 days, this trade yielded a profit of $6.72 million, with a return rate of 8.91%. Since April 27, the total profit for this address has reached as high as $30.45 million, with a return rate of 23.4%. However, just 11 hours ago, this "whale" decided to act again, repurchasing 16,500 ETH from Wintermute at a higher average price of $2,818, spending $46.5 million.