WBTC Whale Unloads $24M on Binance Amid Market Bearishness
A significant WBTC whale has been actively selling their Wrapped Bitcoin holdings on Binance since August 10.
The address in question has deposited over $24.1 million worth of WBTC to Binance during this period, initially unloading the token at levels between $62,000 and $79,000.
A more recent transaction saw the address send an additional 30.1 WBTC (worth approximately $2.37 million) to Binance just nine hours ago.