Whale’s Strategic WBTC Swap Yields 11 BTC Profit Amid ETH’s 48.7% Surge
Main Idea
A whale's strategic swap between WBTC and ETH resulted in an 11 BTC profit, capitalizing on ETH's 48.7% price surge over two months.
Key Points
1. On-chain analyst Ai Yi reported a whale's WBTC-to-ETH swap in May, later reversed to WBTC, yielding an 11 BTC profit.
2. ETH's price rose 48.7% from $2,527 to $3,759 during the two-month period.
3. The whale's return in WBTC terms was an additional 11.64 tokens, valued at approximately $1.364 million.
Description
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$BTC
$119600.0
+2.02%
$ETH
$3710.74
-1.09%
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