A Smart Money Address That Accumulated WBTC Starting November 2023 Suspected to Be Dumping
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September 7, 2024
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On-chain data analyst @ai_9684xtpa has observed that a Smart Money address, which accumulated WBTC at an average price of $42,518 between November 2023 and August 2024, appears to be preparing to sell its entire holdings. This address has deposited 195.48 WBTC, worth $10.49 million, into FalconX over the past 6 hours. If sold completely, this would result in a profit of $2.18 million.
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