Whale Takes Profit on WBTC Investment
A significant whale with the addresses 0x61b9f30e758fd373f2329e4552600415026534ab and 0x28d9ada0ef9642530e704d19a1c407cee22a6193 has started realizing profits from its WBTC investment.
Just 14 hours ago, the whale sold 10 WBTC for 599,779 USDC, at a price of $59,978 per WBTC. This marks the second WBTC trading activity for this particular whale.
Previously, on December 29, 2023, the whale made a substantial purchase of 85 WBTC, spending 3.29 million USDT at an average price of $38,714. The whale currently holds 75 WBTC, valued at approximately $4.5 million, and has already secured a profit of $1.81 million from this investment, representing a 54.9% return.
This whale's WBTC trading journey doesn't end there. Between October 9 and 28, 2023, the whale engaged in another WBTC trading activity, profiting $286,000 or 7.49% from trading 129.4 WBTC.
The whale's strategic WBTC investments and subsequent profit-taking underscore the potential profitability of the cryptocurrency market. However, it's essential to remember that past performance is not indicative of future results.
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