According to on-chain analyst @ai_9684xtpa, a certain whale bought a total of $26.96 million worth of ETH and WBTC in March 2024, with a total profit of $2.43 million. The details are as follows:
· Bought 302 WBTC at an average cost of $65,175;
· Bought 1,239 ETH at an average cost of $3,725;
In addition, the whale also shorted and hedged some WBTC and WETH on GMX, with a total position value of $3.5 million, and can receive a funding rate of 0.107% per day.