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A certain whale/institutional address reduced its holdings by another 10,000 ETH 5 hours ago, and still holds 35,000 ETH.

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#DeFi
BlockBeats
521Words
Jul 17, 2025

On July 17, according to on-chain data analyst Ember, [a whale/institution that profited $30.45 million through two $ETH trades] continued to reduce its holdings by 10,000 $ETH (approximately $32.97 million) through Wintermute 5 hours ago. After more than a week of gradual reduction, the address has only 35,000 $ETH left.

The address started the third round of $ETH trading from June 11 to June 22: buying 132,000 $ETH at an average price of 2,540, and then starting to sell $ETH in batches from July 9 to take profit. Currently, 98,592 $ETH have been sold for 277.00 million $USDC, with an average selling price of $2,810, realizing a profit of $26.62 million from this part. The current holding of $ETH is 35,000 (approximately $117.00 million), and this part currently has a floating profit of $28.50 million. [BlockBeats]

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