Whale Address Sells Significant Amount of ETH for USDC

According to Odaily, the whale address '0xa339' has recently sold 10,002 ETH for approximately $29.38 million, exchanging it for USDC. This transaction follows a strategy of leveraging ETH through cyclical lending. In total, the address has sold 50,623 ETH at an average price of around $2,921, converting it into approximately $147.88 million in USDC and USDT. The overall profit from these transactions exceeds $15 million.