Whale withdrew $13.11M in WBTC from Binance for the fifth trade

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Jul 25, 21:37

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Whale withdrew $13.11M in WBTC from Binance for the fifth trade

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Related addresses

0x59a661f1c909ca13ba3e9114bfdd81e5a420705d

Total tokens transferred

199.971

WBTC

Related transactions

Binance 15

0x59a661f1c909ca13ba3e9114bfdd81e5a420705d

Jul 25, 21:32

Whale 0x59a just withdrew 199.971 WBTC ($13.11M) from Binance, starting the fifth WBTC trade:

transaction: 0x31fc1dffd20338258199b88fddadb991418b11d9aa91b75e10d5088f7431aeeb
address: 0x59a661f1c909ca13ba3e9114bfdd81e5a420705d

Notably, the whale then supplied the WBTC tokens to Spark to borrow 1.58M DAI.

Between March 19, 2023, and July 26, 2024, the whale completed 4 WBTC trading cycles and made an estimated total profit of $4.95M (+29.3%). Among these trades, the whale won big in 2 and broke even in the other 2.

Fig 1. The overall WBTC trading history of Whale 0x59a.

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#bitcoin

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Whale 0x59a withdrew $13.11M in WBTC from Binance for the fifth trade

Last synced: Jul 25, 21:38

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