A certain whale purchased 136 WBTC today
According to Lookonchain monitoring, a whale today spent 7 million USDC to purchase 136 WBTC at a price of 51,829 USD. The whale earned $5.16 million by shorting BTC during the LUNA/UST crash. From May 1st to May 10th, 2022, he borrowed 800 WBTC from Aave and sold it for $35,959 with a total of 28.76 million USDC. He then spent $23.6 million USDC to buy back 802 WBTC and repaid his debt on May12th, making a profit of $5.16 million in less than two weeks.
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
How will the 110 trillion KRW AI dividend be distributed? Seoul-based hedge fund pressures Samsung to immediately buy back and cancel preferred shares
A South Korean hedge fund is pressuring Samsung to buy back and cancel its preferred shares, planning to use 73 trillion won of a 110 trillion won return plan for the repurchase, aiming to eliminate a discount of over 25%.
Extreme level of 8,500 emerges! Two top strategists raise S&P 500 target as strong earnings become key support
Despite facing a surge in US Treasury yields surpassing 5% and a slowdown in the AI sector, Wall Street institutions continue to raise their S&P 500 target prices, with the most bullish forecasts reaching up to 8,500 points.
BIG Impact invests in autoimmune diagnostics and drug discovery startup AOI Biosciences
LG Electronics Gains a Bull on Likely 3Q Earnings Beat -- Market Talk
Crypto prices
More
