PANews reported on November 29th that, according to on-chain analyst Ai Yi, an address that bought 1074 WBTC at an average price of $10,708 four years ago appears to have started selling ETH after selling its WBTC. This address previously took profits on 1000 BTC in July of this year at an average price of $118,011, netting a profit of $107 million. Ten hours ago, it deposited 5000 ETH into Binance, worth $15.36 million. Over the past two weeks, it has cumulatively deposited 13403.28 ETH into exchanges, totaling $41.06 million. This address currently still holds 15,000 ETH and interacts with addresses associated with Galaxy Digital; the ownership of the wallet cannot be confirmed at this time.PANews reported on November 29th that, according to on-chain analyst Ai Yi, an address that bought 1074 WBTC at an average price of $10,708 four years ago appears to have started selling ETH after selling its WBTC. This address previously took profits on 1000 BTC in July of this year at an average price of $118,011, netting a profit of $107 million. Ten hours ago, it deposited 5000 ETH into Binance, worth $15.36 million. Over the past two weeks, it has cumulatively deposited 13403.28 ETH into exchanges, totaling $41.06 million. This address currently still holds 15,000 ETH and interacts with addresses associated with Galaxy Digital; the ownership of the wallet cannot be confirmed at this time.
A whale that previously profited over $100 million from its WBTC position has begun selling ETH, having sold a total of $41.06 million worth of ETH in the past two weeks.
PANews reported on November 29th that, according to on-chain analyst Ai Yi, an address that bought 1074 WBTC at an average price of $10,708 four years ago appears to have started selling ETH after selling its WBTC. This address previously took profits on 1000 BTC in July of this year at an average price of $118,011, netting a profit of $107 million. Ten hours ago, it deposited 5000 ETH into Binance, worth $15.36 million. Over the past two weeks, it has cumulatively deposited 13403.28 ETH into exchanges, totaling $41.06 million. This address currently still holds 15,000 ETH and interacts with addresses associated with Galaxy Digital; the ownership of the wallet cannot be confirmed at this time.
Market Opportunity
Wrapped BTC Price(WBTC)
$87,547.26
$87,547.26$87,547.26
USD
Wrapped BTC (WBTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Scylos Raises $3M Oversubscribed Seed Round to Advance Stateless Endpoint Infrastructure
NASHVILLE, Tenn.–(BUSINESS WIRE)–Scylos, a next-generation stateless endpoint infrastructure company, today announced the close of a $3 million oversubscribed seed
Share
AI Journal2025/12/17 06:46
Shutdown Jobs Data Finally Released, and It’s Not Pretty
The post Shutdown Jobs Data Finally Released, and It’s Not Pretty appeared on BitcoinEthereumNews.com. The grim unemployment numbers had little impact on bitcoin
Share
BitcoinEthereumNews2025/12/17 06:19
A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release
The post A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release appeared on BitcoinEthereumNews.com. KPop Demon Hunters Netflix Everyone has wondered what may be the next step for KPop Demon Hunters as an IP, given its record-breaking success on Netflix. Now, the answer may be something exactly no one predicted. According to a new filing with the MPA, something called Debut: A KPop Demon Hunters Story has been rated PG by the ratings body. It’s listed alongside some other films, and this is obviously something that has not been publicly announced. A short film could be well, very short, a few minutes, and likely no more than ten. Even that might be pushing it. Using say, Pixar shorts as a reference, most are between 4 and 8 minutes. The original movie is an hour and 36 minutes. The “Debut” in the title indicates some sort of flashback, perhaps to when HUNTR/X first arrived on the scene before they blew up. Previously, director Maggie Kang has commented about how there were more backstory components that were supposed to be in the film that were cut, but hinted those could be explored in a sequel. But perhaps some may be put into a short here. I very much doubt those scenes were fully produced and simply cut, but perhaps they were finished up for this short film here. When would Debut: KPop Demon Hunters theoretically arrive? I’m not sure the other films on the list are much help. Dead of Winter is out in less than two weeks. Mother Mary does not have a release date. Ne Zha 2 came out earlier this year. I’ve only seen news stories saying The Perfect Gamble was supposed to come out in Q1 2025, but I’ve seen no evidence that it actually has. KPop Demon Hunters Netflix It could be sooner rather than later as Netflix looks to capitalize…
Share
BitcoinEthereumNews2025/09/18 02:23