According to on-chain data analyst @ai_9684xtpa, an address converted ETH to WBTC 6 months ago and recently sold it, making a net profit of 1,533 ETH.
On March 19, when the price of ETH was $3,518, the address converted 2,942 ETH to 150 WBTC, with a cost of $62,724; it also bought 116 WBTC.
10 hours ago, when the price of BTC was $98,828, the address converted 90.8 WBTC back to 2,709 ETH, with a cost of $3,312. The WBTC portion of the position still has an unrealized profit of $4.156 million.
