During the period from July to November 2024, a whale/institution cumulatively purchased 1,495 $WBTC through a revolving loan method, and one hour ago transferred out 50 $WBTC ($5.9 million) to Binance for profit-taking.
Last year, in the second half, they acquired 1,495 $WBTC ($103 million) at an average price of $69,162 through the revolving loan method, and then began transferring WBTC to Binance in batches to sell and repay USDC starting from March of this year.
As of now, they have sold 923 WBTC ($92.26 million), with an average selling price of $99,957. They still hold 553.8 WBTC ($65.51 million).
Currently, their total profit on WBTC has reached $55.62 million: $28.42 million of this profit has been realized from sales, and $27.20 million is unrealized profit from unsold holdings.
Address: 0x6924c94839Ab2f9137c2b1bb20c847FF665B42F6