Masterclass Trading: 1,533 ETH Profit from ETH-WBTC Swaps!
A savvy trader has executed a brilliant ETH-WBTC strategy, earning a net profit of 1,533 ETH over 8 months through calculated position swaps.
Here's the breakdown:
1️⃣ Initial Trade (March 19, 2024):
ETH Price: $3,518Trade: Swapped 2,942 ETH for 150 WBTC (cost: $62,724 per BTC).Additional Buy: Purchased 116 WBTC separately.
2️⃣ Recent Trade (10 Hours Ago):
BTC Price: $98,828Trade: Exchanged 90.8 WBTC for 2,709 ETH (cost: $3,312 per ETH).
Additional Highlights:
The 116 WBTC held independently now boasts a floating profit of $4.156M USD!
Wallet to Watch: 0xeb81bc06ae7ac0e994F86ADbdAC8136E4BF0A995
Key Takeaway: Timing ETH-to-WBTC swaps with BTC’s all-time high potential is a powerful move. Will this strategy set a trend for traders eyeing similar profits? 📈🚀