Yes, it seems that Whale 0x1e2 has been actively accumulating WBTC, possibly in anticipation of Bitcoin Halving.
Over the past 30 minutes, they spent a substantial amount of $DAI to acquire 501 $WBTC at an average price of approximately $61,436.
Remarkably, this isn't the first time the whale has engaged in WBTC trades; they have previously completed three such trades, all resulting in profits. As of now, their WBTC holdings amount to 1,153 tokens, valued at around $70.9M. With total profits of $39.4M, it appears that the whale has been successful in their trading endeavors.
Additionally, the whale still holds 2.88M DAI, which could potentially be utilized for further token acquisitions.
Address: 0x1E227979f0b5BC691a70DEAed2e0F39a6F538FD5
