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At the end of July, large investors built a position of 20.08 million USD in ETH at an average price of 3958 USD and swapped it for WBTC.
On August 20, according to on-chain analyst Ai Yi (@ai_9684xtpa), large investors exchanged WBTC after building a position of 20.08 million USD ETH at an average price of 3958 USD at the end of July. During yesterday's fall, he directly sold 1200 ETH (4.97 million USD) at 4,147.86 USD, making a profit of 228,000 USD; the remaining 3900 coins were all exchanged for 143.26 WBTC two hours ago, with an ETH ask price of 4169 USD and a WBTC bid price of 113,493 USD.