Data: Whale who profited $24.48 million from shorting withdrew 57,700 ETH from an exchange this morning

According to ChainCatcher, as monitored by Ember, an institution/whale sold 70,000 ETH (approximately $223 million) at an average price of $3,188 five days ago, and after shorting to profit $24.48 million, has now switched to going long.

Five hours ago, this entity transferred $153 million USDT to an exchange and withdrew 57,700 ETH (approximately $162 million), with an average purchase price of $2,820. Currently, it holds a total of 432,000 ETH (approximately $1.24 billion), with an overall average holding price of $3,332, and an unrealized loss of about $200 million.