PANews reported on July 21 that according to on-chain analyst @ai_9684xtpa's monitoring, a certain whale exchanged WBTC for ETH in May and then switched back to WBTC today, earning a net profit of 11 BTC (approximately $1.364 million) over two months.
During this period, ETH price rose by 48.7% (from $2,527 to $3,759), and the final exchanged WBTC was 11.64 more than the initial amount. The analyst stated that such an operation requires "precise trend judgment + firm holding determination" and is difficult for ordinary investors to replicate.
