A whale has accumulated large positions in Ether and Wrapped Bitcoin since July, according to on-chain analyst @ai_9684xtpa. The tracked address has built holdings of 49,500 ETH and 600 WBTC, with the combined position now valued at $122 million.
The analyst said the whale added another $9.87 million worth of WBTC over the past 24 hours. After that latest purchase, the average cost basis for the positions stood at about $1,706 for ETH and $63,950 for WBTC.
Based on the monitoring data cited by ChainCatcher, the whale’s unrealized profit has reached $12.593 million. The report also noted that the whale had accumulated more than $109 million of ETH and WBTC since the start of July before the latest update pushed the total position value higher.
ChainCatcher reported, citing on-chain analyst @ai_9684xtpa, that a whale has accumulated more than $109 million worth of ETH and WBTC since July, with unrealized profit now exceeding $10 million.
Over the past 24 hours, the whale added another $9.87 million in WBTC. After that purchase, the whale’s July positions were updated to 49,500 ETH and 600 WBTC, with a combined value of $122 million.
The average entry prices were about $1,706 for ETH and $63,950 for WBTC. Unrealized profit stood at $12.593 million, according to the monitoring data.
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