Buying the top or betting on peace? 🤔

Just after the Israeli Prime Minister announced a ceasefire with Iran — followed by the wild twist of a so-called "cyber ceasefire" — one trader made a bold move on-chain.

Wallet 0x5966dcace43b2c243d73f9edda7ace43c05a3acd spent $5.22 million USDT to buy 49.16 $WBTC at an eye-watering average price of $106,265 — well above the exchange rate at the time.

Now? He’s sitting on a floating loss of $53,000.

A big bet placed during a moment of global tension — but in this market, even peace can be pricey.