Whale reduces position of $38 million WBTC, having made a profit of $325,000.

[Bit推] A patient lurking Whale has recently become restless. According to on-chain data, this Large Investor has invested 38.16 million USD in WBTC over the past month and is now starting to reduce position in an orderly manner. Just 4 hours ago, they deposited 195 WBTC to a leading exchange, equivalent to 17.05 million USD. Adding the deposit from three weeks ago, this Whale has reportedly sold 245 WBTC, locking in a profit of 325,000 USD.

What's even more interesting is that he still holds 200 WBTC, with an unrealized profit of $389,000, making it quite a fruitful harvest. Throughout the entire holding period, the price of WBTC peaked at $94,555, and this guy's timing and positioning strategy seems to be quite meticulous.

WBTC-0.47%
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TheShibaWhisperervip
· 12-23 13:33
The means of this Whale are indeed extraordinary, timing it perfectly.
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MetaNeighborvip
· 12-23 13:28
This Whale's maneuver is truly exquisite, laying out over 38 million in a month and then immediately starting to cash out; this operational rhythm is incredible.
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LuckyHashValuevip
· 12-23 13:09
This whale's timing is really amazing, I just want to know how he makes his judgments... This kind of rhythm must either be insider information or he is truly the chosen one.
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