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"Shorting BTC to earn $5.16 million in smart money during the LUNA/UST crash" closed all positions in ETH and reduced position in WBTC an hour ago.
BlockBeats news, on August 24, according to on-chain analyst Ai Yi (@ai9684xtpa), “smart money shorting BTC made $5.16 million during the LUNA/UST crash” closed all positions in ETH and reduced position in WBTC one hour ago—selling 1,363 ETH and 30 WBTC (approximately $9.79 million), with a profit of $1.093 million from this buy low, sell high strategy. This smart money previously made $7.293 million by buying the dip in BTC and WBTC, and $4.907 million by buying the dip in ETH.