In May, a WBTC whale that opened a position liquidated all their holdings, netting just $127,000 in profit.
1 hours ago
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that entered a WBTC position during this year’s May rally has exited, after once posting an unrealized loss of $1.423 million. The whale bought 78 WBTC (worth roughly $5.99 million) on-chain on May 19 at an average price of $76,824. Shortly after opening the position, the token’s price trended downward, leading to a peak asset shrinkage of 24%. The whale held on until turning a profit, liquidating its entire position 9 hours ago at $78,463, netting a total gain of $127,000.
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