An address on the chain earned approximately US$1.6 million in DAI through band operations on ETH in two days.
According to data released by Lookonchain, a user on a certain blockchain earned about $1.6 million in DAI within two days. On November 7th, the user spent 21 million DAI to buy 11,203 ETH at an average price of $1,877. After ETH rose, they sold it at an average price of $2,017 to obtain 22.6 million DAI. The user has just started to buy back ETH and spent 7.42 million DAI to buy 3,703 ETH at a price of $2,004.
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.
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