According to AI monitoring data, an address (0x6e1…90733) deposited 378.11 WBTC to Binance 7 hours ago, worth as much as $34.3 million, indicating a potential sell-off.
Position Background
This batch of WBTC was purchased between October 21 and October 26, 2025, at an average price of $110,504. Selling now would result in a loss of $7.48 million.
- Purchase time: October 21-26, 2025
- Average purchase price: $110,504
- Current loss: $7.48 million
Market Impact
The whale held the position for as long as three months. This move may influence market sentiment, and investors should observe carefully.