After cyclical borrowing and longing ETH, the whale took profits in batches, with total unrealized gains exceeding $15 million.
According to Odaily, monitoring by @Onchain Lens shows that the whale address "0xa339" established a long ETH position through cyclic lending, and recently sold another 10,002 ETH for approximately $29.38 million, exchanging it for USDC. Statistics indicate that this address has cumulatively sold 50,623 ETH at an average transaction price of around $2,921, exchanging for a total of about $147.88 million in USDC and USDT, with an overall unrealized profit exceeding $15 million.
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