Whale Swaps ETH Back to WBTC After “Switching WBTC for ETH in May,” Earning Approximately $1.364 Million in Profit

Odaily Planet Daily reported that, according to on-chain analyst Ai (@ai_9684xtpa), the whale who swapped WBTC for ETH in May has now exchanged back to WBTC. As ETH rose by 48.7% (from $2,527 to $3,759), the whale received 11.64 more WBTC in the swap, earning a profit of approximately $1.364 million.