The post Whale Accumulates 151.3 WBTC in $15 Million Purchase Amidst $228.5 Million BTC and ETH Hoard appeared on BitcoinEthereumNews.com.

COINOTAG News reports that a prominent whale investor has intensified their accumulation of Wrapped Bitcoin (WBTC) and Ethereum (ETH). Over the past two hours, this entity invested 15 million USDT to acquire 151.3 WBTC at an average price of $99,124. Since December 2022, this whale has committed a total of 228.5 million USDT toward purchasing BTC and ETH, yielding an impressive unrealized profit of approximately 93.89 million USDT. Notably, 178 million USDT has been allocated for 2,687 WBTC at an average entry cost of $66,570, while 49.63 million USDT was directed towards acquiring 17,792 ETH at an average purchase price of $2,790. This strategic accumulation emphasizes the ongoing bullish sentiment within the crypto market. Source: https://en.coinotag.com/breakingnews/whale-accumulates-151-3-wbtc-in-15-million-purchase-amidst-228-5-million-btc-and-eth-hoard/

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Filed under: News - @ February 2, 2025 3:27 pm