A prominent Ethereum whale has realized a $7.79 million profit by strategically swapping Bitcoin for Ethereum earlier this year. The whale initially purchased Ethereum at $3,278 per token and later sold 3,054 ETH at $4,534 each, securing $13.847 million in DAI. This trade capitalized on Ethereum's outperformance against Bitcoin, with the ETH/BTC ratio increasing from 0.0354 to 0.0413. On-chain analyst @EmberCN highlighted the whale's adept market timing and asset allocation, demonstrating the potential for substantial gains through informed trading strategies.
Ethereum Whale Nets $7.79M Profit from Strategic BTC to ETH Trade
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