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A whale rug pulled after buying the dip, selling 264.8 WBTC post-bounce, resulting in a $5.15M loss.
BlockBeats News, January 14th. According to on-chain data analyst Wu Jinyu's detection, a whale address today, after BTC rose, spent $30 million at the end of October to transfer 264.8 WBTC bought at an average price of $113,262 (now worth about $24.85 million) to Binance, resulting in a loss of $5.15 million.
Currently, the whale still holds $13.49 million worth of gold-backed tokens (XAUt and PAXG), with an average purchase price of $4,239, now unrealized gains of $1.07 million.
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