WBTC Whale Liquidates 65.65 WBTC After $6 Million USDC Purchase, Sells at $86,563 per WBTC for a $316k Loss

COINOTAG News reported on December 1 that on-chain analyst Ai Yi (@ai_9684xtpa) identified a large wallet deploying approximately 6 million USDC to acquire about 65.65 WBTC at an average price near $91,384 amid a market dip in the early hours of November 29.

Within roughly five hours, the same holder liquidated the entire stake, selling the 65.65 WBTC at around $86,563 per coin, realizing an approximate $316,000 loss. This sequence highlights active whale participation and the volatility characteristic of the crypto market, even for wrapped Bitcoin positions.