BlockBeats News, August 6th: A whale deposited another 50 WBTC ($5.71 million) to Binance an hour ago. If sold, they would profit $2.885 million, with a cost basis of $56,410.89. It is suspected that they have sold 100 WBTC from yesterday until now, totaling $11.44 million, and they currently still hold 88.253 WBTC.
This whale accumulated BTC during the last bull market and is now taking profit after four years. Their assets have gone from an 80% drawdown to doubling.