TechFlow news, on November 23, according to on-chain data analyst @ai_9684xtpa, an address converted ETH into WBTC six months ago and recently sold, netting a profit of 1,533 ETH. On March 19, when the ETH price was $3,518, this address swapped 2,942 ETH for 150 WBTC at a cost of $62,724, and simultaneously purchased an additional 116 WBTC. Ten hours ago, when BTC reached $98,828, the address swapped back 90.8 WBTC for 2,709 ETH at a cost of 3,312. The separately established WBTC position still holds an unrealized profit of $4.156 million.
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