A smart institution sold 33,585 ETH in the past 7 hours in exchange for 85.38 million USDC
TechFlame
2025-07-09 01:19
TechFlame2025-07-09 01:19
English
TechFlame reports that, according to Spot On Chain monitoring, the smart institution that bought 333.78 million US dollars worth $ETH in mid-June has now begun to sell off. In the past 7 hours, the agency sold 33,585 ETH in exchange for 85.38 million USDC (average price of US $2,542), locking in profits of $806,000.
They have now made a profit of over $30 million from ETH, while still holding 100,000 $ETH (worth around $261.4 million) in a pledge state.
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