PANews July 21 news, according to on-chain analyst @ai_9684xtpa monitoring, a certain whale swapped WBTC for ETH in May and today swapped back to WBTC, netting 11 BTC (approximately $1.364 million) over two months.
The back-and-forth saw ETH prices rise by 48.7% (from $2,527 to $3,759), ultimately obtaining 11.64 more WBTC than initially. The analyst stated that such operations require "precise trend judgment + firm holding determination," making it difficult for ordinary investors to replicate.