A smart money firm liquidated its gold token holdings, making a profit of $5.499 million.

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According to BlockBeats, on March 9th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the "smart money making $5.16 million by short BTC during the LUNA/UST crash" activity has resurfaced after two months. In the past 11 hours, they sold 5250.1 XAUT at an average price of $5131, making a profit of $4.845 million (the average cost of their position five months ago was $4150.89).


In addition, it transferred 559.74 PAXG, 16.717 WBTC, and all of its USDT to Binance, totaling $4.01 million. Previously, it had also made $13.293 million by buy the dips BTC and ETH at the buy the dips.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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