A smart money address bought 31.17 WBTC and cbWBTC
According to on-chain analyst ai_9684xtpa, "Smart money that made $5.16 million by shorting BTC during the LUNA/UST crash" just cleared their ETH position yesterday and has started buying BTC again today. They purchased 31.17 WBTC and cbWBTC at an average price of $103,872, worth $3.19 million, and it is uncertain whether they will continue to increase their position.
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
Abu Dhabi-backed VC firm invests $5 million in ZKsync-based crypto exchange GRVT
GRVT has raised $5 million in equity funding from Further Ventures, a VC firm backed by Abu Dhabi’s sovereign wealth fund, ADQ.The ZKsync-based hybrid crypto exchange recently launched its mainnet alpha — initially offering perpetual trading.
Bitcoin Fades From Highs After No Crypto Mentions During Trump's Inauguration Speech
Massive Whale Activity: Best Altcoins to Buy Now For January – Cryptos Picked by Whales (500x Potential Returns)