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Jul 26, 2023
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SOC Team
Smart whale tried to catch bottoms on $ETH and $WBTC
Inflow
Related addresses
Total tokens transferred
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8.477K
stETH
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173.500
WBTC
Whale 0x655 with a $4.35M profit from $stETH may be trying to catch the bottoms on $ETH and $WBTC:
- swapped a total of 15.63M $USDC to 8,477 $stETH at $1,844 on average after the market crashed 41 hours ago
- swapped another 5.09M $USDT to 173.5 $WBTC at $29.35K on average just now
Current holding of $stETH and $WBTC:
- 25.09K $stETH ($46.5M)
- 173.5 $WBTC ($5.08M)
- address: 0x6555e1cc97d3cba6eaddebbcd7ca51d75771e0b8
Notably, the whale has a realized profit of $4.35M from $stETH:
- once cashed out 12.7K $stETH at $1,937 for a $3.57M profit on April 21 (check previous signal here)
- traded another 15.1K $stETH during the crash on June 11 for another $780K profit in 4 days
Fig 1. Whale 0x655 accumulated $stETH after the market crashed 41 hours ago.
Fig 2. Whale 0x655 bought 173.5 $WBTC just now.
Fig 3. Whale 0x655 once made $780K from trading $stETH during the crash on June 11.