Update: In the past two hours, the older brother has sold 200 WBTC borrowed this morning at an average price of $104,450.

ETH Band Winning Rate 85% The brother is getting more and more extravagant 🤣

1️⃣ Short WBTC

In the past 12 hours, he borrowed 220 $WBTC from Aave and shorted it by selling on-chain and on Binance, with an average price of $102398. Unfortunately, he caught $BTC rising again and has currently incurred an unrealized loss of $511,000 at the current price.

10 minutes ago, he borrowed another 200 WBTC. It seems he is determined to keep shorting, and the total short position has now reached 420 WBTC ($44.09 million).

2️⃣ Sell / Take Profit $COW

3 hours ago, he withdrew 1.1 million COW (approximately $1.1 million) from #Binance, swapping 1.08 million of it for $SUSHI. Is this betting on DEX rotation? Another 20,000 was sold directly at a price of $1.

Since his COW was not built on-chain, the cost price is unknown, but it is highly likely he bought at a low point and took profit during today's surge.