BlockBeats news, on March 12th, according to X platform user @ai_9684xtpa's monitoring, a certain whale bought a total value of $26.96 million in ETH and WBTC in March 2024, with a floating profit of $2.43 million. They purchased 302 WBTC at an average cost of $65,175 each and bought 1239 ETH at an average cost of $3725 each. In addition, the whale also short hedged some WBTC and WETH on GMX at the same time with a position total value of $3.5 million dollars; they can receive daily funding fees of 0.107%.