PANews reported on August 24th that, according to on-chain analyst Aunt Ai (@ai_9684xtpa), smart money that profited $5.16 million by shorting BTC during the LUNA/UST crash liquidated its ETH and reduced its WBTC holdings an hour ago, selling 1,363 ETH and 30 WBTC (approximately $9.79 million), netting a profit of $1.093 million from this buy-low-sell-high strategy. This smart money had previously profited $7.293 million by bottom-fishing BTC and WBTC, and $4.907 million by bottom-fishing ETH.
When LUNA/UST crashed, smart money shorted BTC and earned $5.16 million, liquidating ETH and reducing WBTC positions to make a profit of $1.093 million.
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Author: PA一线
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