Data: A whale that built a position of 144 million USD in WBTC is suspected of liquidating, still holding 85.55 million USD in ETH

According to on-chain analyst @ai_9684xtpa, a whale that built a position of $144 million WBTC at an average price of $66,169.48 has reportedly liquidated its holdings------over $193 million worth of tokens have been deposited to major exchanges in three weeks, which would yield a profit of $60.22 million if sold.

3 hours ago, the address 0x9b8…822d8 deposited the last 150 WBTC to Binance, worth $12.87 million; thus, all 2,189.23 WBTC accumulated between 2024.02 and 2025.02 have been deposited into exchanges at an average price of $95,994, and he still holds $85.55 million in ETH.