Institutional Investor Liquidates 172,500 ETH for $124 Million Profit
An institutional investor liquidated 172,500 ETH in early September, realizing a profit of $124 million. On-chain data suggests the entity subsequently purchased UNI, withdrawing 3.125 million UNI from centralized exchanges between September 15 and 22 at an average price of $7.70, totaling approximately $24.21 million. These tokens were recently consolidated into two new wallets.
Summaries are written by AI from the original article. Not investment advice.