A certain WBTC whale deposited 195 WBTC to Binance, suspected of selling off

According to on-chain analyst Ai Yi (@ai 9684xtpa), a giant whale investor has recently started to reduce their WBTC position. This investor had previously invested approximately $38.16 million in WBTC at an average price of about $85,754 over the past month. Four hours ago, this address deposited 195 WBTC (approximately $17.05 million) to Binance, and combined with a deposit made three weeks ago, it is suspected that they have sold a total of 245 WBTC, which would yield a profit of $325,000 if fully sold. Currently, this address still holds 200 WBTC, with an unrealized profit of about $389,000.