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Data: A Smart Money address has bottomed out and built a position with over 4,000 ETH again after 9 months

Data: A Smart Money address has bottomed out and built a position with over 4,000 ETH again after 9 months

Bitget2024/09/02 02:35

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.

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