According to ChainCatcher, on-chain analyst Ai Yi (@ai_9684xtpa) has observed that the "smart money" which made $5.16 million by shorting Bitcoin during the LUNA/UST crash has re-entered the market, this time targeting WBTC. In the past half hour, this entity spent $9.485 million to purchase 80.2623 WBTC at an average price of $118,174, which appears to signal that the bearish impact from ancient whale sell-offs has been fully realized.