On July 16, according to analyst Ember, a whale/institution has reduced its holdings of 15,000 $ETH ($46.00 million) through Wintermute in the past 8 hours. This institution purchased 132,000 $ETH at an average price of $2,540.00 from June 11-22 and has been taking profits in batches since July 9. It has sold 88,592 $ETH for 246.00 million $USDC, with an average selling price of $2,779.00, realizing a profit of $21.17 million. It currently still holds 45,000 $ETH ($141.00 million), with a floating profit of $26.86 million. [TechFlow]