Wrapped Bitcoin (WBTC) Whale Reduces Position After $38M Accumulation, Sells 245 WBTC and Deposits 195 WBTC to Binance
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
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COINOTAG News, citing on-chain analyst Ai Yi, reports a major WBTC holder is trimming a sizable position after a month-long accumulation. The whale reportedly spent about $38.16 million to accumulate WBTC at an average price of $85,754.65 and is now reducing the stake. Data shows the entity deposited 195 WBTC to Binance four hours ago, roughly $17.05 million, reinforcing a pattern of fresh exchange inflows and liquidity moves.
In the past three weeks, the same whale has sold 245 WBTC, realizing about $325,000 in profit. A remaining 200 WBTC still shows an unrealized gain of approximately $389,000, during which time the token’s price advanced to a peak near $94,555.
Such on-chain repositioning highlights liquidity dynamics around WBTC and related exchange flows, though it should not be construed as a market directional call. Traders should monitor ongoing whale activity and price reactions to assess near-term volatility and risk posture.