Smart Whale Profits from WBTC Trades Near Bitcoin's ATH

11/20/2024 1:41:53 AM

According to Spot On Chain, a savvy investor, referred to as a 'smart whale,' recently executed a sale of 562.2 Wrapped Bitcoin (WBTC) for $52.3 million, capitalizing on Bitcoin's new all-time high. This transaction resulted in a profit of $6.83 million within just nine days. Since September 30, this whale has conducted two trades involving WBTC, accumulating a total profit of $15.69 million, equating to an 18.7% return. Traders may want to monitor such whale activities for potential market insights. (Source)

Bitcoin WBTC Spot On Chain smart whale

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