PANews reported on May 22 that according to monitoring by on-chain analyst Ember, a whale/institution bought and sold 30,000 ETH through Wintermute OTC, making a profit of US$23.73 million in 25 days.

◎They transferred 54.9 million USDC to the Wintermute address 25 days ago (4/27), and then received 30,000 ETH from Wintermute. The purchase price is $1,830 per coin.

◎One hour ago, they transferred the 30,000 ETH to the Wintermute address, and then received 78.63 million USDC 10 minutes ago. The selling price is $2,621 per unit.

◎In 25 days, profit was 23.73 million US dollars (+43%).