TechFlame reports that according to analyst Ember Monitoring, a giant whale/institution bought 132,000 ETH at an average price of 2,540 US dollars from June 11 to June 22, and began selling them in batches on July 9. They have sold 98,592 ETH, obtained 277 million USDC, and achieved an average sales price of $2,810, achieving a profit of 26.62 million US dollars, and still holding 35,000 ETH with a profit of 28.5 million US dollars.