Four skilled DEX traders in 2024 demonstrated exceptional swing trading abilities and, on average, generated approximately $1,579,500 by trading ETH/WBTC. These traders, identified as 0x4198, 0x761c, 0xac4c, and 0xdc1C, executed these trades in the volatile market and achieved significant profits through strategic timing of entry and exit points, as reported by Lookonchain.
Let’s highlight these four smart DEX traders.
They possess a talent for swing trading and collectively earned a total of around $6.38 million by trading ETH and WBTC in 2024.
Trader 0x4198 acquired 2,489 ETH (worth $6 million) at a price of $2,410 and sold 2,515 ETH (worth $7.12 million) at $2,831, resulting in a profit of $1.12 million. Additionally, they purchased 104 WBTC (worth $4.5 million) at $43,426 and sold the same amount at an average price of $47,100, earning an extra $380,000.
Trader 0x761c also displayed remarkable performance by purchasing 542 ETH for $1.78 million at $3,284 per ETH and selling 540 ETH for $2.8 million at $3,857 per ETH, resulting in a profit of $303,000. In the WBTC market, they acquired 104 WBTC for $4.49 million at $43,282 per WBTC and sold them for $4.8 million at $46,245 per WBTC, making $307,000.
Moving on to traders 0xac4c and 0xdc1C, they collectively earned $4.27 million through strategic trades involving ETH and WBTC.
Trader 0xac4c purchased 2,029 ETH for $5.59 million at $2,755 per ETH and sold 1,325 ETH for $4.5 million at $3,061 per ETH, while holding 702 ETH worth $2.7 million, resulting in a profit of $1.16 million. Additionally, they acquired 172 WBTC for $7.5 million at $43,708 per WBTC and sold them for $8.14 million at $47,455 per WBTC, earning $643,000.
Similarly, trader 0xdc1C executed substantial trades by acquiring 6,071 ETH for $15.25 million at $2,512 per ETH and selling 5,605 ETH for $15.83 million at $2,825 per ETH. According to Lookonchain, this trader retained 490 ETH valued at $1.88 million, resulting in a total profit of $2.47 million.
Overall, these traders have demonstrated exceptional skills in the DEX market, showcasing the profitability that can be achieved through strategic trading of ETH and WBTC.
Tags: DEX, ETH
