Data: Smart money that previously bottomed out on ETH and made a profit of 1.27 million USD bought 53.82 WBTC last night

2025-02-02 10:16:31
Collection

ChainCatcher news, according to @ai_9684xtpa's monitoring, "smart money that made a profit of 1.27 million dollars by bottom-fishing ETH during the crash on August 5 last year" also took action to bottom-fish BTC last night:

  • First, 13.74 million USD0++ was collateralized in Morpho to borrow 10.9 million USDC,
  • Of which 5.498 million USDC was used to buy 53.82 WBTC at an average price of 102,145 dollars.

Subsequently, 53.82 WBTC and the remaining 5.485 million USDC were used to add bilateral liquidity to Uniswap V2 to earn LP fees. Currently, this portion of BTC is showing an unrealized loss of 56,000 dollars.

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