A Whale Sells 320 WBTC But Still Holds 250, Reaping Profits of $21.3 Million in Total
Publication Time:2024-08-07 10:54:08
Recently, data from Spot On Chain reveals that a whale with an investment return rate of 91% chose to sell 320 WBTC (approximately $17.8 million) during the rebound of the Bitcoin market. This whale accumulated a portion of WBTC during the bear market of the past year, when WBTC was valued at just $26,176. By executing this sale, the whale reaped a total profit of $21.3 million, representing a 91.3% increase on their investment. Despite this large-scale selling action, the whale continues to hold onto 250 WBTC (approximately $14.3 million).
Bitcoin
WBTC
Whale
Investment Return
Total Profits