Shiba Inu (SHIB) Trader Made $4.14 million in 48 hours!

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According to on-chain data from Lookonchain, a Shiba Inu trader made a profit of $4.14 million in the 48 hours that followed the de-pegging of USDC.

On March 10th, while ETH was trading at $1,418, the trader spent 67.58 million USDC to purchase 47,670 ETH.

The trader transferred 47,668 ETH to the stablecoin Tether (USDT) two days later, for a total value of almost $71.72 million.