A whale who built a WBTC position three years ago is suspected to have cleared 92 WBTC in the past two hours, worth $5.35 million
According to on-chain analyst @ai_9684xtpa, a whale that built its position in $WBTC three years ago is suspected of having cleared 92 WBTCs in the past two hours, worth 5.35 million dollars. If all are sold, it will profit 894 thousand dollars. The position was established at an average price of 48,314 dollars in October 2021 and after holding for nearly three years, it was deposited into the exchange at an average price of 57,865 dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bloomberg: Bitcoin Decline Signals Weak Year-End Performance for Risk Assets, but Growth Momentum Possible in 2026
A whale is repeatedly borrowing to go long on WBTC, with an average price of $85,376.5