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1533 ETH Profit: On-Chain Whales Thrive Amidst Market Fluctuations

A report by BlockBeats news on November 23 indicates that an unidentified address made a net profit of 1,533 ETH by exchanging Ethereum (ETH) for Wrapped Bitcoin (WBTC) six months ago. On March 19, when ETH was priced at $3518, this address traded 2942 ETH for 150 WBTC, costing $62,724, and also bought 116 WBTC.

When the BTC price was US$98,828 10 hours ago, 90.8 WBTC were exchanged for 2709 ETH at a cost of 3312. The WBTC position still holds a floating profit at US$4.156 million.

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