The smart money that once bottom-fished ETH for a profit of 1.27 million USD bought BTC last night
News on February 2, according to on-chain analyst @ai_9684xtpa's monitoring, the smart money that made a profit of $1.27 million by buying ETH at its low point during the crash on August 5 last year, bought BTC at its low point last night. First, they collateralized 13.74 million USD0++ in Morpho and borrowed 10.9 million USDC; used 5.498 million USDC to buy 53.82 WBTC at an average price of $102145; then added liquidity to Uniswap V2 with these 53.82 WBTC and the remaining 5485000 USDC for LP fees; currently this portion of BTC is showing a loss of $56000.
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