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The Whale that previously closed all positions on WBTC has rebuilt a position, buying 7.92 million USD worth of WBTC within 11 hours.
According to ChainCatcher news, on-chain analyst Ai Yi (@ai9684xtpa) monitored that a Whale address, which previously closed all positions of WBTC worth $69.23 million at an average price of $87,278 between November 18 and 22, has started to build a position again. The address spent $7.92 million to buy 90.85 WBTC 11 hours ago, at an average price of $87,242. The day before, the address had just sold 793.24 WBTC (cost price $74,746.46), making a profit of $9.94 million.