Whale’s Strategic WBTC Swap Yields 11 BTC Profit Amid ETH’s 48.7% Surge

On July 21, on-chain analyst Ai Yi (@ai_9684xtpa) revealed a notable transaction involving a prominent whale who strategically swapped Wrapped Bitcoin (WBTC) for Ethereum (ETH) in May. This investor later reverted the position back to WBTC, realizing a net gain of 11 BTC within a two-month timeframe. During this period, ETH experienced a significant appreciation of 48.7%, climbing from $2,527 to $3,759. Consequently, the whale’s return in WBTC terms amounted to an additional 11.64 tokens, equating to roughly $1.364 million. This transaction underscores the potential benefits of tactical asset rotation within the crypto market, highlighting the importance of monitoring whale activity for market insights and portfolio optimization.

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