A giant whale bought 393.3 WBTC on the chain and exchanged it for 7,567 ETH on Uniswap through unilateral liquidity.
As monitored by on-chain analyst Yu Jin, a whale spent 18.36 million USDC to buy 393.3 WBTC on the chain yesterday. However, with the ETH/BTC exchange rate rebounding early this morning, the whale sold the 393.3 WBTC on Uniswap an hour ago, exchanging them for 7,567 ETH through a single-sided liquidity provision. As a result, the cost of the whale's ETH reached $2,427, which is higher than the current price.
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
All Eyes Will Be On These 6 Altcoins In The New Week – They Will Go Through Important Events
The cryptocurrency market will keep an eye on six different altcoins this week. Here is the list to follow.
Solana-Based Project Shows 40 Percent Increase, Positively Differentiating from the Market! Here's Why!
Jupiter platform’s launch event Catstanbul 2025 saw an increase following an important announcement by its founder Meow.
Standard Chartered Explains Reason for Bitcoin's Recent Drop, Tells Investors What to Do Next!
Standard Chartered analyst Geoffrey Kendrick has advised investors to buy the Bitcoin dip.
Cardano (ADA) Founder Charles Hoskinson Offers Collaboration to Elon Musk! "Contact Us!"
Cardano founder Charles Hoskinson has offered to help Elon Musk with his plan to use blockchain to improve Government Efficiency (DOGE).
Trending news
MoreCrypto prices
More
