PANews reported on May 23 that, according to on-chain analyst Ember's monitoring, a whale who had previously profited $20.8 million from investments in ETH and LINK sold 7,502 ETH 7 hours ago in exchange for 27.62 million USDC at a price of $3,682.

This whale spent 25 million USDC to buy 6,892 ETH at an average price of $3,627 the day before yesterday, and sold it today at an average price of $3,682, making a profit of $410,000.