A smart money investor is suspected of selling over 38,000 ETH in a week, potentially making over $36 million in profit.
2 hours ago

According to on-chain analyst Ai Yi, a smart money address that profited $14.26 million by buying WBTC low and selling it high appears to have sold 38,582 ETH (approximately $138 million) over the past week. If confirmed, this would net a profit of approximately $36.57 million. Since the beginning of the year, this address has withdrawn 77,700 ETH from Kraken at an average price of approximately $2,600. Currently, 25,054 ETH remain on-chain, primarily stored in Aave.

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