A giant whale sold 94.2 WBTC and 6,819 ETH, and still holds US$23.3 million in WBTC and ETH.
Based on the monitoring of on-chain analyst Yu Jin, a whale bought 8,675 ETH (costing $1,672) and 541.3 WBTC (costing $28,615) with 30 million U during the period from September 2022 to March 2023, and then put them into the Uniswap liquidity pool.
After holding for 9 months, the whale began to gradually redeem and sell from 10 days ago: currently, they have sold 94.2 WBTC (worth $4.03 million) for $42,847 and 6,819 ETH (worth $15.89 million) for $2,330. They still hold WBTC+ETH worth $23.3 million in the Uniswap liquidity pool. Based on the current price, their profit from this investment in WBTC+ETH is as high as $13.23 million (+44%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve’s Interest Rate Decision Sparks Cryptocurrency Surge
In Brief The Federal Reserve's decision affects cryptocurrency market dynamics significantly. XRP, ADA, LINK, and SOL have shown impressive price increases recently. Market specialists stress the importance of macroeconomic factors on cryptocurrency trends.
NYSE submits proposal to SEC to allow Ethereum ETF to be pledged
Musk: Tesla has strengthened safety measures
SEC issues guidance on how to view proof-of-work mining activities under existing securities laws
Trending news
MoreCrypto prices
More
