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At the end of 2022, a whale that established a large position in WBTC continued to sell off, having cumulatively sold 176.17 WBTC since yesterday.
BlockBeats News, November 20th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the smart money that opened a position in WBTC at the 16933 USDT bottom in late 2022 is still continuing to sell. Starting from yesterday, a total of 176.17 WBTC has been sold (approximately $15.79 million), with an average selling price of $89,679, resulting in a profit of $12.815 million.
Currently, there are still 280.479 WBTC remaining on-chain, worth $25.73 million.
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