Smart Money Reduces WBTC Holdings With Profit

According to BlockBeats, recent monitoring by @ai_9684xtpa reveals that an entity known for its high trading success rate, with a win rate of 83.3%, has sold 48.93 Wrapped Bitcoin (WBTC) over the past two hours. The sale was executed at an average price of $98,222 per WBTC, totaling approximately $4.8 million. The entity initially acquired these WBTC at an average price of $97,644, resulting in a profit of $28,000 from this transaction. Despite this profitable sale, the entity still holds 313.69 WBTC, which currently reflects an unrealized loss of $116,700. This strategic move highlights the entity's approach to managing its cryptocurrency portfolio, balancing between securing profits and managing potential losses.