ETH Band’s 85% Win Rate Brother is on the Move 🤣
1.Shorting WBTC
In the past 12 hours, this trader borrowed 220 WBTC from Aave and sold them on-chain and on Binance for shorting at an average price of $102,398. Unfortunately, Bitcoin surged, causing a $511K loss.
Just few minutes ago, the trader borrowed 200 more WBTC, bringing the total short position to 420 WBTC (worth $44.09M). It seems he’s determined to keep shorting.
Address: 0x6c2A355929Ee1262305E385Ad49B84FE5f5A4777
2. Selling/Profiting from COW
Three hours ago, he withdrew 1.1M COW (worth $1.1M) from Binance and exchanged 1.08M COW for SUSHI, possibly betting on a DEX rotation. The remaining 20K COW were sold directly at $1 each.
Since his COW holdings aren’t on-chain, the cost basis is unknown, but it’s likely he bought low and took profits during today’s price spike.
Address: 0xc37704a457b1ee87eb657cae584a34961e86acac