PANews reported on January 9 that according to Spot On Chain monitoring, just before the news that the US government approved the sale of BTC came out, a whale with a $234 million portfolio deposited 300 WBTC (US$28.5 million) into Binance, allegedly making a profit of US$9.98 million.
The whale has been trading WBTC since March 2023, often buying low and selling high. Currently, the whale holds 195 WBTC ($18.4 million) on Aave, with an estimated total WBTC profit of $33.7 million (+33.2%).
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