#ETH Band Whales Dump WBTC for Profits#

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Overview

Recently, an ETH band whale made a profit of $905,000 in its 25th round of band operation. The whale first borrowed 100 WBTC from Aave and sold them all at $100,706, making a profit of about $10.11 million. Subsequently, the whale sold the last 2783 ETH from its main position address, making a profit of $480,000. Although a floating loss of $1.475 million occurred during the operation, it still ended with a profit.

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Analysis

Recently, an investor known as the "ETH Band Whale" has drawn widespread attention in the market. This whale has accumulated significant gains through frequent band operations over the past period. According to on-chain analysts, the whale has completed the 25th round of band operations, ending with a profit of $905,000. In this round of operations, the whale initially incurred a loss of $1,475,000, but ultimately turned the loss into profit through shrewd operations. It's worth noting that the whale also borrowed 100 WBTC during the operation, and sold all of them at a price of $100,706 within 15 minutes, generating a profit of approximately $10.11 million. This series of operations demonstrates the whale's precise grasp of market trends and keen judgment, as well as its professionalism and experience in band operations.

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ETH band whale through multiple band operations, ultimately profited $905,000.

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Whale profited through borrowing WBTC and selling, demonstrating its keen insight into market trends.

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Whale's band operation strategy may involve risks, and there were losses in the early stages.

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Whale's actions may have some impact on the price of ETH and WBTC.

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