A certain whale deposited 300 WBTC into CEX before the news of "The U.S. Department of Justice is allowed to sell Bitcoin from the Silk Road case" was announced
According to Spot On Chain monitoring, just before the news of the US government's approval for BTC sales was released, a whale with a $234 million investment portfolio deposited 300 WBTC ($28.5 million) into CEX. This whale has been trading WBTC since March 2023, often buying low and selling high. Currently, the whale holds 195 WBTC ($18.4 million) on Aave.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: A swing whale bought 5,334 WETH in the past hour, or about $17.6 million