An onchain address monitored by Ai Yi acquired 78 Wrapped Bitcoin (WBTC) on May 19 at an average price of $76,824 each, for a total position worth about $5.99 million, according to ChainCatcher. After the purchase, WBTC's price fell steadily, pushing the address's peak unrealized loss to $1.423 million — a drawdown of roughly 24% on the deployed capital. Nine hours ago, the same address exited the entire position, selling all 78 WBTC at $78,463 per token. The exit locked in an estimated profit of around $127,000, recovering from the earlier paper loss.
An onchain address tracked by Ai Yi bought 78 Wrapped Bitcoin (WBTC) on May 19 at an average price of $76,824 apiece, according to ChainCatcher. The total outlay came to roughly $5.99 million.
WBTC kept sliding after the position was opened. At the worst point, the address was down $1.423 million, or about 24% of the capital deployed. Nine hours ago, it sold the entire 78-WBTC position at $78,463 per token and walked away with roughly $127,000 in profit.
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