#Whale sells WBT for profit#

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Overview

Recently, an ETH whale known for its scalping operations has drawn attention in the market. After 25 rounds of scalping, the whale ultimately ended with a profit of $905,000. Notably, the whale also borrowed 100 WBTC and sold them all at a price of $100,706, generating a profit of approximately $10.11 million. This series of operations demonstrates the whale's precise grasp of market trends and its superior trading skills, also reflecting the market's expectations for volatility in ETH and WBTC.

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Analysis

Recently, an ETH whale known for its scalping operations has attracted attention in the market. According to on-chain analysts, the whale, after 25 rounds of scalping operations, successfully concluded with a profit of $905,000. Its operating method mainly involves initial floating losses, followed by profit-making, demonstrating its precise grasp of market trends. Notably, the whale also borrowed 100 WBTC from Aave and sold them all at a price of $100,706, generating a profit of approximately $10.11 million. This move has been interpreted by the market as a bearish signal for WBTC, raising concerns about the price trend of WBTC. Currently, the whale's health score is 4.65, and its subsequent operations require continued monitoring.

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