On-chain data tracking reveals a notable transaction operation conducted by an ETH whale renowned for precise swing trading. The address (0xd45...FB20) recently performed its first large-scale reduction, transferring 10,000 stETH tokens to prominent market maker Wintermute, valued at approximately $30.12 million at current market prices.
Precision Swing Trading Analysis
Notably, the address immediately received $30.03 million in USDC stablecoins after completing this transaction. Chain data shows the address has consistently maintained a stable holding strategy since initial accumulation, with total holdings reaching 70,013 ETH, at an average holding cost of $2907.
Sustained Profitable Trading Strategy
This reduction realized a considerable profit of $1.039 million, demonstrating precise timing of market cycles by professional traders. Even after completing this reduction, the address still holds 60,013 ETH with unrealized gains reaching $7.243 million. The cumulative returns from its ETH swing trading have climbed to $99.22 million.
- Transaction size: 10,000 stETH
- Transaction value: $30.12 million
- Profit amount: $1.039 million
- Current holdings: 60,013 ETH
The operational rhythm demonstrates typical characteristics of professional institutional trading, choosing to complete this large transaction through a market maker during a market volatility window, ensuring trading efficiency while minimizing market impact.