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Whale Reduces 40 WBTC Holdings, Potentially Realizing $847K Profit

GateNews

According to ChainCatcher, citing analyst Ai, a whale address reduced 40 WBTC holdings today, potentially realizing $847,000 in profit if the sale is completed. The address, which withdrew 50.91 WBTC from exchanges between February 2024 and February 2026, initiated its first deposit back to an exchange today, suggesting a potential exit. The return on investment stands at approximately 35.7% for the position.

The whale currently holds 10.965 WBTC remaining on its address.

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