ETH open interest reached a record $40 billion as

• An Ethereum whale made $31 million in two ETH trades in the last 44 days.

• Unique Ethereum addresses surged by 70% in Q2, with the Base network leading activity growth.

Ether 

After a month-long price consolidation between $2,300 and $2,800, one Ethereum whale capitalized on the recent rally. According to an X post from onchain tracker Lookonchain, the whale sold 30,000 ETH for $82.76 million through an over-the-counter (OTC) trade on June 10, locking in a $7.3 million profit. The sale followed a $75.56 million ETH purchase on May 27.

The same whale bought 30,000 ETH for $54.9 million at $1,830 via Wintermute OTC on April 27. On May 22, it sold the ETH at $2,621 for $78.63 million, netting $23.73 million amid a 43% price rally.

The whale has secured $31 million in profits within just 44 days.