A whale address withdrew another 120 Wrapped Bitcoin (WBTC) from an exchange over the past two hours, worth about $7.8 million, according to on-chain analyst Ai Yi. The latest move adds to a broader accumulation trend that has been building since July. So far, the whale has accumulated 59,400 ETH and 820 WBTC, with the combined position valued at $156 million. Ai Yi’s monitoring data shows the average entry cost is about $1,742 for ETH and $64,329 for WBTC. Based on those figures, the address is currently sitting on a floating profit of $8.927 million. The update points to continued large-scale withdrawals and position building by the same holder, with the latest WBTC transfer taking place within a two-hour window.
A whale withdrew another 120 Wrapped Bitcoin (WBTC) from an exchange over the past two hours, worth about $7.8 million, according to on-chain analyst Ai Yi.
As of now, the whale has accumulated 59,400 ETH and 820 WBTC since July, with the total position valued at $156 million. The average cost is about $1,742 for ETH and $64,329 for WBTC, and the position is currently showing a floating profit of $8.927 million.
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