PANews reported on October 27 that according to monitoring by on-chain analyst Yu Jin, a whale who made a profit of $850,000 through the WBTC band a month ago, used 30 million USDT to repurchase 264.8 WBTC in the past four days at a price of $113,262.

He last bought 97.60 WBTC at $110,039 at the end of September and sold them at $118,748 in early October, making a profit of $850,000.