A cryptocurrency whale has expanded its holdings by acquiring an additional $17.75 million in Wrapped Bitcoin (WBTC) and Ethereum (ETH). According to on-chain analyst Ai Yi, the whale withdrew 75 WBTC and 4,998 ETH from exchanges in the past four hours. This brings the whale's total holdings to 56,400 ETH and 700 WBTC, valued at approximately $148 million. The average acquisition cost for these assets is around $1,742 per ETH and $64,205 per WBTC, with an unrealized profit of $11.42 million.
Crypto Whale Increases Holdings with $17.75 Million in WBTC and ETH
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