On April 7, according to information from Onchain Lens, a "whale" decided to sell 432 WBTC when the price per unit reached 77,030 USD. This move was made in response to the market downturn. The amount obtained was 33.27 million USD in the form of USDT used to pay off a loan. Currently, this address still holds 100.28 WBTC on Aave V3, with an estimated market value of about 7.7 million USD.
This demonstrates the flexible response ability of large investors in the context of the highly volatile cryptocurrency market. The event also emphasizes the importance of risk management and financial strategy in cryptocurrency investment.
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On April 7, according to information from Onchain Lens, a "whale" decided to sell 432 WBTC when the price per unit reached 77,030 USD. This move was made in response to the market downturn. The amount obtained was 33.27 million USD in the form of USDT used to pay off a loan. Currently, this address still holds 100.28 WBTC on Aave V3, with an estimated market value of about 7.7 million USD.
This demonstrates the flexible response ability of large investors in the context of the highly volatile cryptocurrency market. The event also emphasizes the importance of risk management and financial strategy in cryptocurrency investment.