A giant whale used 24.02 million DAI to buy WBTC and ETH again at the bottom.
According to Chainalysis analyst Yu Jin, a whale who sold 5,000 ETH for $3,934 on 3/13 and made a profit of $28 million on ETH, started buying ETH and BTC again after the price dropped.
Just over 20 minutes ago, he bought 24.02 million DAI for WBTC and ETH, exchanging 13.5 million DAI for 205 WBTC and 10.52 million DAI for 3,081 ETH.
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
US Treasury Targets Houthi Crypto Wallets, Financial Network
Securitize Reports Highest-Ever Dividend of $4.17 Million for Tokenized Treasury Product
Market Turmoil Hits Pi Network: Investors Face Uncertain Future
In Brief Pi Network's value has sharply declined, alarming many within the community. Experts predict a potential price drop of Pi Coin to $0.1 if trends continue. Investor confidence remains shaky due to regulatory and technical uncertainties.
1 in every 5 Americans hold Crypto: Ripple CLO
Trending news
MoreCrypto prices
More
