According to on-chain analyst ai_9684xtpa, "Smart money that made $5.16 million by shorting BTC during the LUNA/UST crash" just cleared their ETH position yesterday and has started buying BTC again today. They purchased 31.17 WBTC and cbWBTC at an average price of $103,872, worth $3.19 million, and it is uncertain whether they will continue to increase their position.
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