SmartWhale has good timing and moves to accumulate WBTC again

1 day ago, SmartWhale swapped 30.76M $DAI to buy 501 $BTC.

Previously, they used other addresses to accumulate WBTC in the $19k - $20k price range, probably doing so to avoid detection.

The above $DAI amount comes from profit taking of half of the previously accumulated $WBTC on March 15 when there was a profit x3 times.

With the current buying, SmartWhale probably hopes that $BTC will recover.

They are currently holding 1153 WBTC ($70.9M) and this 2,000.000 $DAI can continue to be used to buy more $WBTC.