A whale holding 112.86 WBTC failed to take profits in time, resulting in a 10% decline in assets over two months.
According to Odaily, on-chain analyst Ai Yi has monitored that address 0x770…399f2 bought 112.86 WBTC at an average price of $71,655 at the start of the price rally on April 14, valuing $8.08 million. At one point in mid-May, there was over $1 million in unrealized profit, but the holder persisted and finally liquidated the position in batches on June 16 and 7 hours ago, selling at a price of $64,723. After holding for two months, the assets shrank by 10%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Essential Properties Realty Trust files Form 3 for Executive VP, CIO Craig J. Vachris
CoastalSouth Bancshares director James S. MacLeod buys USD 9,370.98 in common shares
Kanzhun Insider Sold Shares Worth $6,118,209, According to a Recent SEC Filing
