Whale Liquidates Portion of WBTC Holdings for Profit

A substantial WBTC holder, identified as Ai Yi by on-chain analyst Odaily, has recently sold a portion of their holdings, realizing approximately $9.19 million in profit. This sale occurred 40 minutes ago, and involved the disposition of 100 WBTC units, which they acquired at an average price of $69,079 in July 2024. The whale still holds 1,053.79 WBTC worth about $97.36 million and has used this collateral to secure a loan for $43.68 million USDT. Their remaining holdings continue to show an unrealized profit of $24.47 million.