A whale/institution that purchased 1,495 WBTC at the end of last year has recently started selling to lock in profits

币界网报道:According to the monitoring of on-chain data analyst Yu Jin, the whales/institutions that purchased a total of 1,495 WBTC through revolving loans from July to November 2024 have recently been selling WBTC for profit. His current comprehensive profit on WBTC is as high as 49.75 million US dollars: the sold part has realized a profit of 19.17 million US dollars, and the unsold part has a floating profit of 30.58 million US dollars. He purchased 1,495 WBTC through revolving loans at an average price of 69,162 US dollars in the second half of last year, and then transferred WBTC to Binance in batches from March this year to sell and withdraw USDC to repay. So far, 723 WBTC have been sold in exchange for 69.17 million USDC and repayment, with an average selling price of 95,678 US dollars, and still hold 753.8 WBTC (about 82.6 million US dollars).

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