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A giant whale sold 94.2 WBTC and 6,819 ETH, and still holds US$23.3 million in WBTC and ETH.

A giant whale sold 94.2 WBTC and 6,819 ETH, and still holds US$23.3 million in WBTC and ETH.

CointimeCointime2023/12/29 09:44
By:Cointime

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%).

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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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