Smart Money Scores Big With Latest DYDX Move: Lookonchain

• 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.

A SmartMoney received 571,571 $DYDX ($1.43M) from #Binance ~30 mins ago.

The SmartMoney once received 210,438 $DYDX from #Binance at an average price of $2.37, then transferred to #Binance at an average price of $2.8.

Currently holds 983,602 $DYDX ($2.42M). pic.twitter.com/u2gmbncaaB

— Lookonchain (@lookonchain) March 22, 2023

According to Lookonchain data, the ‘Smart Money’ had previously receiv…

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