OG $WBTC Holder Sells Another 300 $BTC — $107M Profit Locked In
It looks like the exit strategy is well underway.
A wallet that acquired 1,074 #WBTC four years ago at an average price of $10,708 has just sold another 300 WBTC (≈$35.62 million) 10 hours ago.
In the past 4 days alone, this address has offloaded a total of 1,000 WBTC, raking in $118 million at an average selling price of $118,011 — securing a massive $107 million profit.
Wallet address: 0xE940ae8cF59fE2709BBc572CBAD2633fB45Abf46
With only 74 WBTC remaining, it seems this long-term holder is nearly fully out — capping off one of the most successful multi-year Bitcoin trades ever recorded on-chain.
