A whale who bought WBTC at $110,000 is suspected to have liquidated their position, incurring a loss of nearly $7.5 million over a 3-month holding period

Odaily reported that on-chain analyst Ai Yi posted on X platform, indicating that a whale deposited 378.11 WBTC, valued at $34.3 million, to Binance 7 hours ago, suggesting a possible position liquidation.

This address purchased the WBTC on-chain between October 21 and October 26, 2025, at an average price of $110,504. After holding for approximately three months, selling at the current price would result in a loss of $7.483 million.