That wallet linked to the Drift hacker seems to have timed its latest trade well.
Yesterday morning, address 0x45d…c00ca opened a roughly $20M leveraged position: 20x $ETH shorts paired with 20x BTC longs.
Then the ETH/BTC ratio dropped by 3.56%. Both assets sold off around 6 AM, but BTC recovered more strongly than ETH, giving the relative-value trade an extra boost.
The result? Around $658K in unrealized profit after just one day.
Wallet: 0x45d78AEC95C24B99CC8641a5B25c910D8b7c00ca
Yesterday morning, address 0x45d…c00ca opened a roughly $20M leveraged position: 20x $ETH shorts paired with 20x BTC longs.
Then the ETH/BTC ratio dropped by 3.56%. Both assets sold off around 6 AM, but BTC recovered more strongly than ETH, giving the relative-value trade an extra boost.
The result? Around $658K in unrealized profit after just one day.
Wallet: 0x45d78AEC95C24B99CC8641a5B25c910D8b7c00ca
