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Profit from ETH to WBTC Exchange: A Successful Investment Strategy

According to BlockBeats news, a certain address exchanged ETH for WBTC six months ago and made a net profit of 1,533 ETH. On March 19, when the ETH price was $3518, this address exchanged 2942 ETH for 150 WBTC at a cost of $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.

Its separate WBTC position still has a floating profit of US$4.156 million.

Source

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