The Whale's Strategic Asset Conversion
According to monitoring by on-chain analyst Auntie Ai, a whale completed the conversion of $9.06 million in WETH to WBTC within 20 minutes. He sold 3,437.09 ETH at an average price of $2,637.62 and purchased 109.61 WBTC at $82,494.79.
Profit Analysis from Two Trades
This was not the whale’s first strategic move. His earlier trade yielded a 6.45% profit in ETH, while the second trade generated 9.26 WBTC, equivalent to approximately $810,000. These transactions highlight his sharp market insights and flexible asset management skills.
- First Trade: 6.45% profit in ETH
- Second Trade: 9.26 WBTC (approx. $810,000) profit
With these trades, the whale not only optimized his asset structure but also effectively mitigated market volatility risks, demonstrating his professional expertise in the digital asset space.