Mysterious Shiba Inu (SHIB) Trader Nets Huge Profit Selling Ethereum (ETH) During USDC Depegging: On-Chain Data

A mysterious Shiba Inu (SHIB) trader pocketed millions of dollars in the wake of the USD Coin (USDC) depegging, according to on-chain data. Blockchain tracking firm Lookonchain says that as the USDC stablecoin lost its peg to the US dollar over the weekend, an unknown crypto trader made a profit of $4.