- Lookonchain shared insights into recent Smart Money transactions.
- Smart Money was bullish on DYDX and doubled down on investments.
- DYDX has gained 3.6% in the past 24 hours, with a $143.8M trading volume.
On-chain analyst Lookonchain published information on the trades made by a “Smart Money” who made significant transactions on the Binance exchange. The Smart Money allegedly made transactions at optimal times, which resulted in substantial returns.
They allegedly possess 983,602 $DYDX at the moment, which has a value of $2.42 million at the time of this publication. The term “Smart Money” is how Lookonchain refers to savvy investors. Lookonchain shared a two-part Twitter thread explaining the Smart Money’s transactions alongside screenshots of the trades.
Source: https://coinedition.com/smart-money-scores-big-with-latest-dydx-move-lookonchain/