A giant whale address exchanged $4.39 million in stablecoins for 174.3 WBTC
According to Spot On Chain monitoring, a smart giant whale address that once earned $497,000 by trading WBTC swapped $4.39 million in stablecoin for 174.3 WBTC at an average price of $25,200 yesterday. The address had previously purchased WBTC in bulk twice during low price periods (June 2022 and March 2023 USDC decoupling periods) with an average buy-in price of just $23,700.
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Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
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