COINOTAG News cites on-chain analyst Ai Auntie (@ai_9684xtpa) identifying a wallet tied to smart money that had previously shorted BTC during the LUNA/UST collapse. The report indicates the entity realized roughly $5.16 million and executed a sale of 15 WBTC (approximately $1.68 million) at $111,991.22 about eight hours ago, leaving a remaining holding of 15 WBTC.
On-chain records show the transaction materially reduced the wallet’s wrapped-Bitcoin exposure; the reported execution price and tranche size are consistent with deliberate liquidity management and position trimming rather than distressed liquidation. Market participants can validate the updated WBTC balance via blockchain explorers.
This disclosure from an on-chain analyst underscores active risk management among sophisticated traders; investors and institutional observers should factor the reported realized P&L and adjusted BTC exposure into their assessment of near-term flows and order-book dynamics.