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The Daily Hodl 2023-11-26 21:00:48

Crypto Whale Profits Over $24,000,000 in Masterful Wrapped Bitcoin (WBTC) Trading: On-Chain Data

An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC). According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday. WBTC is an ERC-20 token pegged to the price of BTC, allowing traders to speculate on Bitcoin The post Crypto Whale Profits Over $24,000,000 in Masterful Wrapped Bitcoin (WBTC) Trading: On-Chain Data appeared first on The Daily Hodl .

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