Odaily Planet Daily News According to Ai Yi, an analyst on the chain, the smart money that made a profit of $1.27 million by buying the bottom of ETH during the plunge on August 5 last year also bought the bottom of BTC last night. Specifically:
The address first mortgaged 13.74 million USD0++ in Morpho to borrow 10.9 million USDC; used 5.498 million USDC to buy 53.82 WBTC at an average price of $102,145; used 53.82 WBTC and the remaining 5.485 million USDC to add bilateral liquidity to Uniswap V2 to eat LP fees.
Currently, this part of BTC has a floating loss of $56,000.