Whale Liquidates Large Portion of Wrapped Bitcoin

A notable cryptocurrency whale has recently offloaded a significant amount of Wrapped Bitcoin (WBTC). According to ChainCatcher and Lookonchain’s monitoring data, this whale sold 700.2 WBTC over the past two days, amounting to $59.95 million in value. This sale followed a period where the whale accumulated these bitcoins between May 12 and July 24, when they were worth a total of $81.64 million at an average price of $116,593 per coin.