Data: A certain Smart Money address has once again bottomed out and accumulated over 4,000 ETH after a gap of 9 months

2024-09-02 10:17:42
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ChainCatcher news, according to on-chain data analyst @ai_9684xtpa's monitoring, a "Smart Money" address that "shorted BTC to earn 5.16 million dollars during the LUNA/UST crash" has re-entered a position in ETH after 9 months. In the past 7 hours, he bought 4,192 ETH on-chain at an average price of 2,490 dollars, totaling about 10.43 million dollars, and then staked the tokens in Lido and RocketPool. It is reported that this whale address seems to be very skilled at bottom-fishing; from February 18 to March 7, he also made a profit of 2.25 million dollars in just half a month by buying high and selling low with WBTC.

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