When LUNA/UST crashed, smart money shorted BTC and earned $5.16 million, liquidating ETH and reducing WBTC positions to make a profit of $1.093 million

Smart money earned $5.16 million by shorting BTC amid the LUNA/UST collapse, liquidating their positions. They used a buy-low-sell-high strategy, selling 1,363 ETH and 30 WBTC to realize a profit of $1.093 million.

In previous trades, this smart money had successfully gained $7.293 million by bottom-fishing BTC and WBTC, alongside a profit of $4.907 million through bottom-fishing ETH.