Data: A Smart Money address has bottomed out and built a position with over 4,000 ETH again after 9 months
According to on-chain data analyst @ai_9684xtpa, the "Smart Money" address that shorted BTC during the LUNA/UST crash and earned 516,000 USD has once again built a position in ETH after 9 months. In the past 7 hours, it bought 4192 ETH at an average price of 2490 USD, approximately 10.43 million USD, and then staked these tokens into Lido and RocketPool. It is reported that this whale address seems to be very good at bottom fishing; between February 18th and March 7th, it also made a profit of $2.25 million in just half a month by buying high and selling low WBTC.
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
Wall Street Giant Charles Schwab Makes Major Crypto Move Beyond Bitcoin and Ethereum
Avici Attacker Turns $190 Into $670K as Team Refunds Users With 10% Cashback

SpaceX Stock Price at $141.50 as Elon Musk Targets $3.5T Revenue by 2033

Zcash Developer Zakura Launches “Common” as ZEC Price Jumps 5%
