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Some smart money closed all positions on-chain, converting previously obtained ETH from WBTC, ultimately making a profit of 5.2 million USD.
Odaily News According to on-chain analyst Ai Yi's monitoring, a certain smart money exchanged 69.07 WBTC for 2881 ETH on July 9, with an ETH cost of 2601.14 (almost at the pump starting point). Ten minutes ago, he closed all positions on the 2857 ETH obtained from the previous WBTC exchange on-chain, ultimately making a profit of 5.2 million dollars.