BlockBeats News, July 31st, according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain whale address engaged in arbitrage recently. In the past half an hour, they dumped 1000 ETH at a price of $3853, making a profit of $56,000. Moreover, they placed a limit sell order of 1000 ETH at $3878 on Cowswap. If the sell order is executed, they will make an additional profit of $81,000.