PANews reported on January 28 that, according to on-chain analyst @ai_9684xtpa, "smart money that made $98.18 million in ETH trading profits" has sold for the first time since it established its position on January 12.

Three hours ago, he deposited 10,000 stETH into Wintertermute, worth $30.12 million, and subsequently received 30.03 million USDC, which may have been the result of his sale. He had recently accumulated 70,013 ETH at an average cost of approximately $2,907.69. This sale yielded a profit of $1.039 million, and the remaining 60,013 ETH still show a floating profit of $7.243 million.

At this point, his ETH swing trading profits had increased to $99.22 million.