Whale Sells Portion of WBTC Holdings for Profit

According to Odaily, an on-chain analyst known as Ai Yi has reported that a significant WBTC holder, who began purchasing WBTC at an average price of $69,079 in July 2024, has recently sold 100 WBTC, realizing a partial profit of approximately $9.19 million. This transaction occurred 40 minutes ago. The whale still holds 1,053.79 WBTC, valued at around $97.36 million, and has borrowed 43.68 million USDT against this collateral. The remaining holdings continue to show an unrealized profit of $24.47 million.