Data: A whale transferred 50 WBTC to Binance. If sold, it is expected to lose $216,000

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According to ChainCatcher, based on on-chain analyst Ai Yi's (@ai_9684xtpa) monitoring, the "whale who established a position of 98,418 USD in WBTC five months ago" has seemingly sold 85.26 WBTC in the past five days, with an estimated loss of $365,000. Five months ago, this address accumulated a total of 240.45 WBTC, with a total value of $23.66 million;

In the past two hours, this address has deposited 50 WBTC (worth $4.7 million) to Binance, and if sold, it would result in a loss of $216,000.

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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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