Last year, at an average price of $69,162, a Whale accumulated WBTC through a revolving loan and deposited 50 WBTC to CEX an hour ago to take profit.

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On July 27, according to Ember Monitoring, during the period from July to November 2024, a Whale/institution accumulated a total of 1,495 WBTC through a revolving loan method and transferred another 50 WBTC (590 million USD) to CEX for take profit one hour ago. He purchased 1,495 WBTC (1.03 billion USD) last year in the second half at an average price of $69,162 using a revolving loan. Since March of this year, he has been gradually transferring batches of WBTC to CEX to sell and repay with USDC. As of now, he has sold 923 WBTC (9226 million USD) at an average selling price of $99,957. He still holds 553.8 WBTC (6551 million USD). His total profit on WBTC currently stands at $55.62 million: the realized profit from the sold portion is $28.42 million, and the unrealized gains from the unsold portion are $27.20 million.

WBTC0.86%
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