A 'smart money' address, known for making $14.26 million from strategic trades in Wrapped Bitcoin (WBTC), has recently acquired 4,000 ETH. On-chain analysts report that the address, identified as 0x3c9…8f757, withdrew approximately $11.977 million worth of Ethereum from Kraken at an average price of $2,994.26 per ETH. Despite the recent acquisition, the address is currently experiencing a floating loss of $141,000.
Smart Money Address Acquires 4,000 ETH After Profitable WBTC Trades
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