A certain ETH whale/institution has accumulated 329 WBTC in the past 7 hours, worth 31 million US dollars
According to on-chain analyst @ai_9684xtpa, a whale/institution that built a position of 40,000 ETH on December 30, 2024 has accumulated 329 WBTC in the past seven hours, worth $31 million at an average price of $94,209. During the same period, this address continuously withdrew 80 million USDC from Aave, some of which may have been used to build a WBTC position. Currently it holds a total of 601 WBTC and 80,385 ETH with a total asset value reaching $442 million.
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