Leveraged ETH Whale Sells 10,006 ETH in One Hour, Totaling 30,605 ETH This Week

A whale address (0xa339) that uses cyclical lending to go long on ETH sold 10,006 ETH worth $30.05 million within one hour on Dec. 23, EmberCN data show. The address has unloaded 30,605 ETH over the past week for $89.14 million, at an average selling price of $2,913 per ETH versus an acquisition cost of about $2,545, locking in more than $11 million in profit.