WBTC Whale With 352.43 WBTC Since 2020 Could Liquidate Position, Realize $21.245M Profit (113% ROI) After Binance Deposits

On October 22, COINOTAG News, citing on-chain analyst Ai Auntie, reported that a long-held whale address, tracked as 0x59B…6325F, appears to have liquidated its WBTC stake. Active since 2020, the holder accumulated 352.43 WBTC at an average entry price near $53,180, for an implied value of about $18.74 million. Over the past two weeks, the address initiated four transfers to Binance, each around $113,463.

Based on on-chain estimates, the unwind could yield roughly $21.245 million in gross profit, with a five-year ROI of about 113% if the sale completes. Market observers note that outcomes depend on execution timing and prevailing liquidity conditions, particularly in the wrapped Bitcoin segment.