A cryptocurrency whale has sold 264.8 Wrapped Bitcoin (WBTC) at a $5.15 million loss, according to on-chain analyst Ember. The whale initially purchased the WBTC for $30 million in late October but transferred it to Binance for $25 million after a recent Bitcoin price increase. Despite the loss on "digital gold," the whale continues to hold $13.49 million in gold-backed tokens, XAUt and PAXG, with a floating profit of $1.07 million.
Whale Sells 264.8 WBTC at $5.15 Million Loss, Retains $13.49 Million in Gold Tokens
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