On-chain tracker @ai_9684xtpa said a whale or entity address that has accumulated more than $103 million worth of ETH and WBTC since July added to its position again. Over the past 11 hours, the address withdrew 100 WBTC from Binance, valued at about $6.372 million. After the latest transfer, the address now holds 49,407 ETH and 400 WBTC, with total assets worth more than $109 million. The tracker said the address has an average cost basis of about $1,705 for ETH and $63,202.42 for WBTC, and is currently sitting on an unrealized profit of $7.195 million. The update points to another round of accumulation by the same large holder, based on the monitored on-chain activity.
According to on-chain monitoring by @ai_9684xtpa, a whale or entity address that has built positions worth more than $103 million in ETH and WBTC since July added to its holdings again.
Over the past 11 hours, the address withdrew 100 WBTC from Binance, worth about $6.372 million.
The address now holds 49,407 ETH and 400 WBTC, with total assets valued at more than $109 million. Its average cost basis stands at about $1,705 for ETH and $63,202.42 for WBTC, with an unrealized profit of $7.195 million, according to the monitoring update.
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