The whale who built a WBTC position three years ago is suspected to have liquidated 92 WBTC worth $5.35 million in the past two hours

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According to the monitoring of on-chain analyst @ai_9684xtpa, the whale who built a WBTC position three years ago is suspected to have liquidated 92 WBTC worth US$5.35 million in the past two hours. If all are sold, a profit of US$894,000 will be made. The position was built at an average price of US$48,314 in October 2021, and after holding it for nearly three years, it was recharged to the exchange at an average price of US$57,865.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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