A major WBTC holder who bought at a high price sold off another 100 coins at a loss, resulting in a total unrealized loss of approximately $30.91 million.

According to Odaily Planet Daily, crypto analyst Ai Yi (@ai_9684xtpa) reports that address 0x4ED...bC853 (which had previously established a position in WBTC near $116,500 in early November) has once again stopped out and sold off its holdings after a week.

On-chain data shows that the address sold 100 WBTC at an average price of $91,333.4 11 hours ago, with a transaction amount of approximately $9.13 million and a loss of approximately $2.517 million.

This major holder had previously sold 17,497 ETH in batches between November 17th and 21st, incurring a cumulative loss of $18.4 million. Recently, they have further reduced their WBTC holdings and currently still hold 1,210 WBTC (worth approximately $110 million), with a paper loss of approximately $30.91 million.