Bitcoin whale sells 742.8 wBTC…$14 million loss

Source

Uk Jin

Summary

A whale investor reportedly cut losses on 742.8 wBTC, a wrapped Bitcoin (BTC) token accumulated over the past year.
The whale said it sold 742.8 wBTC at an average selling price of $70,259.
The whale’s loss from the Bitcoin trade is estimated at $14 million, the report said.

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A Bitcoin (BTC) whale investor cut losses on a position accumulated while absorbing heavy losses.

According to Lookonchain on the 20th (Korea time), about three hours ago a whale investor dumped 742.8 wBTC, a wrapped Bitcoin token, at an average selling price of $70,259. The position had been accumulated by the whale over the past year.

The whale’s loss from the Bitcoin trade is estimated at $14 million.

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