According to Odaily Planet Daily, on-chain data analyst @ai_9684xtpa monitored and pointed out that when the market fell, a Smart Money address that built a WBTC position at an average price of US$42,518 between November 2023 and August 2024 seemed to be planning to liquidate.
This address deposited 195.48 WBTC worth $10.49 million to FalconX in the past 6 hours. If all were sold, a profit of $2.18 million would be made.
