Anonymous whale exits ETH bought in early June, realizes $4.3M profit

An anonymous whale address beginning with 0x7099 has exited an ETH position bought in early June, realizing about $4.3 million in profit, EmberCN reported. The address borrowed 30 million USDS against ETH collateral from lending protocol Spark on June 7 and bought 18,212 ETH at an average price of $1,647. It later sold 15,993 ETH today at an average price of $1,889, repaid the loan with 30.20 million USDS, and locked in roughly $4.3 million in profit.