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A certain whale bought ETH and WBTC worth a total of US$26.96 million in March, making a total profit of US$2.43 million.

A certain whale bought ETH and WBTC worth a total of US$26.96 million in March, making a total profit of US$2.43 million.

Cointime2024/03/12 03:34
By: Cointime
WBTC+0.90%GMX+5.33%ETH-0.14%

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.

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.
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