High-Buying $WBTC Whale Bleeds Out—$365K Lost, More on the Way?

A whale who aped into $WBTC at the November peak of $98,418 is now quietly offloading—and bleeding in the process.

Wallet 0xF437e7B7c194dbD47586ddd6652A511dE529e7c6 had accumulated 240.45 WBTC five months ago, worth $23.66 million at the time. But over the past five days, the whale has sold 85.26 WBTC, realizing an estimated $365,000 loss.

And it may not be over yet.

Just five hours ago, the address sent another 50 WBTC (~$4.7M) to #Binance . If sold at current prices, this tranche alone would lock in a further $216,000 loss.

A painful reminder: even whales get caught swimming against the tide.