Whale Liquidates $5 Million in WBTC Amidst Profit Decline

A major cryptocurrency investor, identified as 0xA75…a5290, has recently sold 30 Wrapped Bitcoin (WBTC) tokens. This sale follows a week of selling activity by the entity, where they liquidated a total of 60 WBTC, resulting in a profit of $542,000. The address accumulated 397.96 WBTC between April 2024 and January 2025 at an average price of $75,271, totaling $29.95 million. Despite holding 278.6 tokens with an unrealized gain of $2.56 million, the investor’s profit has declined by over $6.04 million compared to Bitcoin’s peak in December last year.