A significant WBTC holder has begun reducing its position, depositing 195 WBTC, valued at approximately $17.05 million, into Binance four hours ago. This move follows a previous deposit three weeks ago, totaling a sale of 245 WBTC. The whale initially acquired WBTC at an average price of $85,754.65, spending $38.16 million. If sold, the recent transactions could yield an estimated profit of $325,000. The whale still retains 200 WBTC, with a floating profit of about $389,000, as WBTC prices peaked at $94,555 during this period.