From Accumulation to Distribution: A $WBTC Whale Starts Trimming.
A month ago, this wallet was slowly building size. Nearly $38.16M went into #WBTC , signaling long-term intent rather than a quick trade.
Now, the behavior has shifted. The same whale has begun easing out of the position -- not in a rush, but with control.
About 4 hours ago, wallet 0xaFA8a3a41379dC0275EBdC1B6D6bE97b878f7731 sent 195 WBTC (roughly $17.05M) to Binance.
Combined with a smaller deposit made three weeks earlier, a total of 245 WBTC has likely been sold.
If those coins were offloaded, the realized gain comes in around $325K, modest, but clean.
What’s left still matters. The wallet continues to hold 200.012 WBTC, sitting on an unrealized profit of about $389K, even after weathering a move where price briefly pushed as high as $94,555.
On-chain, that’s often how smart money moves when the trend is still intact but risk starts to matter again.
