Large WBTC Holder Potentially Reduces Holdings, Eyes Significant Profit

A major holder of Wrapped Bitcoin (WBTC), with an initial cost of $59,210 per WBTC, is suspected to have reduced their holdings by 40 WBTC, potentially securing a profit of $847,000, analyst @ai_9684xtpa posted on X. The wallet address 0x99a…d2C96 withdrew 50.91 WBTC from an exchange between February 2024 and February 2026. This marks the first deposit operation by the holder in over two years since the initial acquisition. If the sale is executed, the return on investment would reach 35.7%. The wallet still retains 10.965 WBTC.