How a ‘Smart Money’ Earned $7 Million Through Strategic ETH Trades

• Lookonchain tweeted a notable ‘Smart Money’ to their followers.
• The ‘Smart Money’ profited $7 million on March 21, 2023, following well-timed trades.
• After the profits, the ‘Smart Money’ currently holds 20,891 ETH worth $36.7 million.

On-chain analyst Lookonchain shared details of transactions from a ‘Smart Money’ who made $7 million in profits by trading Ethereum (ETH). The Smart Money made well-timed trades that resulted in impressive gains. Currently, they hold 20,891 ETH worth $36.7 million. Lookonchain refers to similar wise traders as ‘Smart Money.’

Lookonchain shared a two-part Twitter thread explaining the ‘Smart Money’’s transactions alongside screenshots of the trades.

Sharing a SmartMoney!

– Withdrew 10,579 $ETH from #FTX on July 5, 2022, when the price was $1,120.

– Bought 27,957 $ETH with 44M $USDC at a price of $1,573 during USDC depegging.

– Sold 4K $ETH ($7M) at $1,753 on #Uniswap and transferred 16K $ETH ($28M) to #Binance 6 hrs ago. pic.twitter.com/Fz8rFquf8M

— Lookonchain (@lookonchain) March 21, 2023

On July 5, 2022, the ‘Smart Money’ withdrew 10,579 ETH from the then-functional FTX platform at a price of $1,120. Fo…

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