According to crypto analyst EmberCN, a whale address that had previously bet on both "digital gold" and "real gold" has opted to cut its losses and exit its Bitcoin-related positions after the BTC price surge. The address purchased 264.8 WBTC (worth approximately $24.85 million) at an average price of $113,262 at the end of October, and transferred them all to Binance, incurring a loss of approximately $5.15 million. After liquidating its WBTC holdings, the address currently holds gold-related assets (XAUt and PAXG) worth approximately $13.49 million, with an average holding price of approximately $4,239, and a current unrealized profit of approximately $1.07 million.