Crypto Whale: Profits Exceeding Ten Million Dollars with 30 Million U in Uniswap Liquidity
A crypto whale has lucratively navigated the Uniswap liquidity landscape, utilizing 30 million U to acquire 8,675 ETH (at a cost of $1,672) and 541.3 WBTC (at a cost of $28,615) between September 2022 and March 2023. These assets were strategically deployed into Uniswap liquidity pools. After holding for nine months, the whale initiated a gradual redemption and sale process starting ten days ago. Currently, they have successfully sold 94.2 WBTC for $42,847 (equivalent to $4.03 million) and 6,819 ETH for $2,330 (equivalent to $15.89 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise submits amended filing for its Hyperliquid ETF, possibly launching soon
Crypto fund C1 Fund announces acquisition of Consensys equity
Bitdeer mined 526 bitcoins in November, a year-on-year increase of 251%