A Smart Money Address Suspected of Selling 38,582 ETH Worth Approximately $138 Million Over the Past Week
According to Foresight News, monitoring by @ai_9684xtpa indicates that a smart money address has allegedly sold 38,582 ETH over the past week, worth approximately $138 million, which would yield a profit of $36.57 million if sold. Judging by the operations, this address likely belongs to an institution. Since the beginning of this year, it has withdrawn a total of 77,700 ETH (about $202 million) from a certain exchange, with an average price of only $2,600. The address currently still holds 25,054 ETH on-chain, most of which is deposited in Aave.
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.
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