ChainCatcher message, on-chain analyst @ai_9684xtpa discovered an interesting on-chain activity: a whale address that received 1074 WBTC from Alameda Research OTC address four years ago has been frequently active recently. Just 6 hours ago, this address deposited 100 WBTC to Binance, worth about 9.64 million dollars.

What is more concerning is that in the past two weeks, this address has transferred 350 WBTC to exchanges, with a total value of about 33.97 million dollars, while its cost was only 10,708 dollars. If all these WBTC are sold, the potential profit could reach 30.23 million dollars. This series of operations has sparked widespread attention in the market regarding its motives.