A major WBTC holder who bought at a high price sold off another 100 coins at a loss, resulting in a total unrealized loss of approximately $30.91 million.

According to crypto analyst Ai (@ai_9684xtpa), address 0x4ED...bC853 (which previously bought WBTC at a high of around $116,500 in early November) has again stopped its losses and sold off its holdings after a week. On-chain data shows that this address sold 100 WBTC at an average price of $91,333.4 ETH 11 hours ago, for a total transaction amount of approximately $9.13 million, resulting in a loss of approximately $2.517 million. This large holder had previously sold 17,497 ETH in batches between November 17th and 21st, accumulating losses of $18.4 million. Recently, it has been further reducing its WBTC holdings and currently still holds 1,210 WBTC (worth approximately $110 million), with a paper loss of approximately $30.91 million.