BlockBeats News, August 24th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the "Smart Money that Shorted BTC during LUNA/UST's Collapse and Earned $5.16 Million" liquidated ETH one hour ago and reduced WBTC exposure — selling 1363 ETH and 30 WBTC (approximately $9.79 million), realizing a profit of $1.093 million through this buy-low-sell-high strategy.
This Smart Money had previously profited $7.293 million by buying the dip with BTC and WBTC and $4.907 million by buying the dip with ETH.
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