Market Participant Seeks to Capitalize on Cryptocurrency Market Volatility

A market participant who previously profited from shorting Bitcoin during the LUNA/UST crash has now fully sold its XAUT holdings.

The sale resulted in an additional $4.845 million profit, bringing the total to over $18 million in profits for this address.

The entry price for the XAUT was $4,150.89, while the exit price was $5,131, resulting in a significant profit margin of 11.4% above the current market value.