On-chain analyst Ai Yi said the address accumulated Ether on June 6-7 at an average $1,575.74 and later transferred the holdings to Binance at $1,823 before receiving equivalent USDT.
A wallet identified as 0x69b...378 realized another $1.515 million profit on ETH after moving 6,109 ETH to Binance, on-chain analyst Ai Yi said. The address had bought the Ether on June 6-7 at an average price of $1,575.74, then deposited it to the exchange about six hours before the report at $1,823 and received an equivalent amount of USDT. The trade highlights how on-chain trackers monitor wallet flows to estimate realized gains when tokens are transferred to centralized exchanges and converted into stablecoins.