Since 2020, whales hoarding WBTC are suspected of closing all positions, with profits exceeding 21 million dollars over five years.

GateNews

2025-10-22 06:41:19

WBTC-2,34%

According to Foresight News, monitored by @ai9684xtpa, an address starting with 0x59B is suspected to have closed all positions of WBTC accumulated since 2020. This address built a position of 352.43 WBTC at an average price of $53,180 from September 2020 to April 2025, with a total investment of approximately $18.74 million. In the past two weeks, this address deposited these WBTC to Binance in four transactions at a price of $113,463. If sold entirely, it would profit approximately $21.245 million, yielding a five-year return rate of 113%.

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