A whale takes profit on 723 WBTC, with total gains exceeding $49.75 million
2025/07/04 01:08Odaily Planet Daily News: According to monitoring by @EmberCN, a whale/institutional address that accumulated 1,495 WBTC through revolving loans from July to November 2024 has recently started selling WBTC on an exchange and withdrawing USDC for loan repayment. As of now, this address has sold 723 WBTC at an average price of approximately $95,678, recovering 69.17 million USDC. It still holds about 753.8 WBTC (worth around $82.6 million), with total unrealized and realized profits amounting to approximately $49.75 million.
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.
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