《Smart Money Strikes Big: 35.82 Million USDT Accurately Bottoms Out WBTC at 97,751 USD!》
On-chain data shows that a "smart money" investor, who has successfully operated in 17 rounds of ETH trading, purchased 366.5 WBTC for 35.82 million USDT 7 hours ago, with an average price of 97,751 USD.
Key operation point:
This investor is clearly adept at accurately capturing market fluctuations, choosing to enter at this critical moment, demonstrating strong confidence in WBTC's potential. The combination of this trading volume and price almost directly points to the next opportunity in the Bitcoin ecosystem — whether WBTC, as the ERC20 version of Bitcoin, can lead a new market trend is worth deep observation.
Why WBTC?
The entry price of WBTC is close to a new technical support line, providing strong support for market recovery. As a token closely tied to Bitcoin, WBTC not only has the value backing of Bitcoin but also drives liquidity in the DeFi and Ethereum ecosystems, which presents a dual potential for the market.
Has the market direction changed?
Smart money is clearly looking for the best opportunity to take advantage of short-term market adjustments and potential rebounds. This trade not only highlights the market's attention to Bitcoin derivatives but may also signal long-term optimism for the overall crypto market.
This precise market entry could become a barometer for future market trends. If WBTC can break through the current range, it may lead other ETH-BTC related assets to a new round of appreciation.
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