Data: A whale that previously made over $100 million in profit from WBTC has started selling ETH, with a total of $41.06 million in ETH sold in the past two weeks

According to on-chain analyst Ai Yi's monitoring, an address that built a position of 1,074 WBTC at an average price of $10,708 four years ago seems to have started selling ETH after selling off its WBTC. This address had previously realized a profit of $107 million by selling 1,000 BTC at an average price of $118,011 this year.

10 hours ago, this address deposited 5,000 ETH to Binance, worth $15.36 million, and has accumulated a total of 13,403.28 ETH deposited to the exchange over the past 2 weeks, with a total value of $41.06 million. The address currently still holds 15,000 ETH and has interactions with addresses associated with Galaxy Digital, making it temporarily impossible to confirm the wallet's ownership.