A giant whale/institution sold some of the Ethereum ecological tokens bought at the end of May, and the total profit is currently $2.87 million
According to Lookonchain, a whale/institution sold 3.13 million LDO ($5.77 million), 49,771 AAVE ($4.54 million), 269,177 UNI ($2.41 million) and 250,969 FXS ($708,000) at a loss. This resulted in lower prices for LDO, AAVE, UNI and FXS.
After the SEC approved the ETHETF's Form 19b-4 at the end of May, the whale spent more than $73 million on ETH and Ethereum ecosystem tokens. He has sold most of the tokens, leaving only 3.33 million LDOs ($5.83 million) and 31,191 AAVs ($2.80 million).
Total profit is currently $2.87 million. He made $7.29 million on ETH, lost $3.23 million on LDO and lost $1.10 million on AAVE.