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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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A certain Whale who previously swapped WBTC for ETH has today swapped back to WBTC, netting 11 BTC in profit over two months.
PANews July 21 news, according to on-chain analyst @ai9684xtpa's monitoring, a certain Whale exchanged WBTC for ETH in May, and today exchanged back to WBTC, netting 11 BTC (approximately $136.40 million) in two months. In the back and forth, the price of ETH increased by 48.7% (from $2527 to $3759), ultimately resulting in an additional 11.64 WBTC compared to the initial amount. The analyst stated that this operation requires "precise trend judgment + strong position determination," which ordinary investors find difficult to replicate.