A recent report by BlockBeats news, citing on-chain data analyst @ai_9684xtpa, explains how a certain Ethereum (ETH) address made a significant profit after exchanging ETH for wrapped Bitcoin (WBTC) six months ago. On March 19, when ETH was priced at $3,518, this address traded 2,942 ETH for 150 WBTC at a cost of $62,724.
Additionally, the address also purchased 116 WBTC. When the Bitcoin (BTC) price was US$98,828 10 hours ago, 90.8 WBTC were exchanged for 2,709 ETH at a cost of 3,312. The separate WBTC position still holds a floating profit of US$4.156 million.
