PANews reported on January 29 that, according to on-chain analyst @ai_9684xtpa, a smart money address that previously profited $14.26 million by buying low and selling high with WBTC has accumulated 4,000 ETH in the past 24 hours.

Address 0x3c9…8f757 withdrew $11.977 million worth of ETH from Kraken at an average price of $2,994.26. The most recent withdrawal was 2 hours ago, and the account is currently experiencing a floating loss of $141,000.