#Whale dumps WBTC for profit#
Hot Topic Overview
Overview
Recently, an ETH whale known for its scalping skills showcased its keen market instincts. The whale first borrowed 100 WBTC from Aave and sold them all for $100,706 within 15 minutes, generating a profit of approximately $10.11 million. Subsequently, the whale sold the last 2783 ETH from its main wallet address, resulting in a profit of $480,000. This effectively concluded its 25th round of scalping, ultimately ending with a profit of $905,000. This series of actions reveals the whale's accurate prediction of market trends and its sensitive grasp of market sentiment.
Ace Hot Topic Analysis
Analysis
Recently, a trader known as the "ETH Band Whale" has drawn attention in the market. The whale has executed a series of band operations over the past period, ultimately profiting $905,000 in the 25th round. According to on-chain analysts, the whale has sold the last 2783 ETH from its main position address and borrowed 100 WBTC from Aave, selling all of it at $100,706. Although a $1.475 million floating loss occurred at the beginning of the 25th round, the whale ultimately ended with a profit. This series of operations indicates that the whale has a keen insight into market trends and is able to seize opportunities for precise trading. Their actions have also sparked speculation about the future trajectory of ETH and WBTC, with some analysts believing that the whale's selling could signal an upcoming market correction.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whales profit through band operations, demonstrating their precise judgment and operating ability of market trends.
Giant whales leverage Aave, a lending platform, to amplify returns, but also carry potential risks.
Giant whales' selling behavior may have some impact on the market, but the specific impact depends on the overall market sentiment and capital flow.
Giant whales' trading behaviors are worth noting, which can provide investors with market trend references, but blind following should be avoided.