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WBTC whale sell Flash News List | Blockchain.News
Flash News List

List of Flash News about WBTC whale sell

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07:52
Whale Sells 220 WBTC for $21 Million USDT: Realizes 174% Profit and Signals Potential Market Impact

According to EmberCN on Twitter, a whale or institutional investor sold 220 WBTC on-chain at $95,710 each, netting approximately $21.06 million USDT. The purchase was made in November 2023 at $34,938 per WBTC, resulting in a realized profit of $13.37 million, up 174% (source: EmberCN Twitter, May 4, 2025). After repaying related loans, $13.02 million USDT remains distributed across two addresses. This major profit-taking event may signal increased selling pressure and potential volatility in the WBTC and Bitcoin markets. Traders should monitor on-chain movements and USDT inflows to assess liquidity changes and anticipate possible impacts on price trends.

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