PANews reported on September 26th that according to on-chain analyst Ai Yi, despite the market decline following the bearish call by legendary trader Eugene, another well-known smart money address purchased 89.44 WBTC, spending a total of $9.829 million USDT at an average price of $109,897. This address previously shorted BTC during the LUNA/UST crash, generating a profit of $5.16 million and profiting $13.293 million by bottom-fishing in BTC and ETH. The address's most recent BTC reduction was at $115,000.PANews reported on September 26th that according to on-chain analyst Ai Yi, despite the market decline following the bearish call by legendary trader Eugene, another well-known smart money address purchased 89.44 WBTC, spending a total of $9.829 million USDT at an average price of $109,897. This address previously shorted BTC during the LUNA/UST crash, generating a profit of $5.16 million and profiting $13.293 million by bottom-fishing in BTC and ETH. The address's most recent BTC reduction was at $115,000.
The address that shorted BTC during the Luna crash spent $9.829 million to buy WBTC
PANews reported on September 26th that according to on-chain analyst Ai Yi, despite the market decline following the bearish call by legendary trader Eugene, another well-known smart money address purchased 89.44 WBTC, spending a total of $9.829 million USDT at an average price of $109,897. This address previously shorted BTC during the LUNA/UST crash, generating a profit of $5.16 million and profiting $13.293 million by bottom-fishing in BTC and ETH. The address's most recent BTC reduction was at $115,000.
Market Opportunity
Bitcoin Price(BTC)
$88,361.51
$88,361.51$88,361.51
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Steak ’n Shake $0.21 Bitcoin Bonus for Employees Faces Backlash
Highlights: Steak ’n Shake will give workers a $0.21 Bitcoin bonus for each hour worked. Employees may earn about $800 in two years, but critics c
Share
Coinstats2026/01/21 18:14
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council
The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift: Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve. Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Dogecoin Price Prediction For 2025, As Analysts Call Pepeto The Next 100x
Traders hunting the best crypto to buy now and the best crypto investment in 2025 keep watching doge, yet today’s […] The post Dogecoin Price Prediction For 2025, As Analysts Call Pepeto The Next 100x appeared first on Coindoo.
Share
Coindoo2025/09/18 00:39