BlockBeats news, on August 24, according to on-chain analyst Ai Yi (@ai_9684xtpa), "the smart money that shorted BTC during the LUNA/UST crash made $5.16 million" liquidated ETH and reduced WBTC holdings one hour ago—selling 1,363 ETH and 30 WBTC (approximately $9.79 million), making a profit of $1.093 million through high sell and low buy.

This smart money previously made a profit of $7.293 million by bottom fishing BTC and WBTC, and a profit of $4.907 million by bottom fishing ETH.