Four wallets jointly sold 9,205 ETH ($24M) for 12.2M USDC and 11.7M USDT $2,607 in the past 20 minutes:

• address 0xdc1c237e56b4361175154f53cd7a26de8305a419 sold 4,675 ETH for 12.2M USDC, realizing an estimated profit of $1.25M.
• address 0x8b20249b3b2ee65669b622e56cc9be5c3cd80917 sold 2,030 ETH for 5.3M USDT, realizing an estimated profit of $794K.
• address 0x419803bc76fb378df84a2ecb5f88ab3f9efcba5f sold 2,055 ETH for 5.3M USDT, realizing an estimated profit of $778K.
• address 0x36c28eaa21e00f5df953f299545de5031a11777e sold 445 ETH for 1.17M USDT. His total estimated profit is $846K, of which $180K has been realized.

Notably, four wallets bought 9,189 ETH with 15.5M $USDT and 4.5M $USDC at an average price of $2,284 from AirSwap Metamask between January 2 to 8, 2024. These wallets may belong to the same individual or institution.

These wallets will incur a joint estimated profit of $3.8M (+19%).

ETH price has surged by 5% in the last 30 days.

Fig 1. Four wallets sold 9,205 ETH ($24M) for 12.2M USDC and 11.7M USDT at $2,607 on average.