A certain whale transferred 264.8 WBTCs to Binance, with a floating loss of 5.15 million US dollars

Crypto analyst Yu Jin @ EmberCN monitoring shows that a whale address chose to stop loss and exit Bitcoin related positions after BTC rose, transferring all 264.8 WBTCs (worth approximately $24.85 million) purchased at an average price of $113262 at the end of October to Binance, resulting in a loss of approximately $5.15 million. After clearing WBTC, the address still holds gold related assets (XAUt and PAXG) worth approximately $13.49 million, with an average holding price of approximately $4239 and a book profit of approximately $1.07 million.