On January 6th, COINOTAG News reported an intriguing movement in the crypto market as a prominent whale address shifted 162 WBTC, valued at approximately $15.9 million, to the Binance exchange. This transaction indicates a potential profit of approximately $8.067 million if the holdings are liquidated at current market rates. Notably, this specific address had previously amassed 204.01 WBTC at an average price of $49,396 in December 2021. Additionally, in a striking display of market activity, there has been a total deposit of 312 WBTC to various exchanges over the past 48 hours, totaling about $30.55 million at an average deposit price of $97,928. This significant accumulation and movement may indicate strategic positioning within the evolving cryptocurrency landscape.
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