List of Flash News about OTC crypto trade
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2025-05-22 12:38 |
ETH Whale Gains $23.73M in 25 Days via Wintermute OTC Trade: Key Insights for Crypto Traders
According to @EmberCN on Twitter, a significant whale or institution executed an OTC trade with Wintermute, buying 30,000 ETH for $54.9 million USDC at $1,830 per ETH on April 27, 2025. After holding for 25 days, the entity sold the same 30,000 ETH back to Wintermute, netting a profit of $23.73 million. This high-volume transaction showcases the impact of OTC trades on Ethereum liquidity and market sentiment, suggesting increased institutional interest and potential upward price pressure for ETH. Traders should monitor large OTC flows as leading indicators for short-term price movements. (Source: @EmberCN, Twitter, May 22, 2025) |