COINOTAG News, citing Embermonitor, reports that in the last hour the ETH whale at address 0xa339—which previously entered exposure via a leveraged loan—exited a portion of its stake by selling 5,000 ETH and converting the proceeds into about 14.6 million USDC on-chain.
Over an 11‑day window, the same address has shed 35,605 ETH (approximately $1.037 billion) at an average fill of about $2,914 per ETH, yielding roughly $13.14 million in realized profit. The wallet still holds 15,000 ETH valued around $43.88 million.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-0xa339-sells-35605-eth-for-1-037b-in-11-days-swaps-5000-eth-for-14-6m-usdc-and-realizes-13-14m-profit
