A giant whale made a profit of US$55.62 million in WBTC trading through a revolving lending strategy
According to online reports, according to monitoring by Chain analyst Ash, an institutional investor purchased a total of 1,495 WBTC units (worth US$103 million) through revolving borrowing from July to November 2024, with an average purchase price of US$69,162. The investor has sold 923 WBTC units (worth US$92.26 million) in batches since March 2025, with an average selling price of US$99,957 and achieved a profit of US$28.42 million. Currently, the address still holds 553.8 WBTC (worth US$65.51 million), and has not achieved a floating profit of US$27.2 million. The latest developments show that one hour ago, the address transferred 50 WBTC (worth US$5.9 million) to Binance to continue taking profit operations.
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