Ethereum Whales Net $120M with DeFi Looping Expose

Ethereum Traders Net $120 Million with Innovative DeFi Strategy

In an astonishing display of financial acumen and strategic prowess, two Ethereum traders have amassed a staggering $120 million in gains over the past 24 hours, leveraging a DeFi strategy known as 'looping'. This approach has not only showcased the potential for considerable returns in the decentralized finance sector but has also drawn significant attention to the underlying assets, Ether and its derivatives, collectively valued at approximately $3 billion.