PANews reported on July 27 that according to the monitoring of on-chain analyst Yu Jin, the whale/institution that purchased a total of 1,495 WBTC through revolving loans from July to November 2024 continued to transfer 50 WBTC (US$5.9 million) to Binance to stop profit one hour ago. He purchased 1,495 WBTC (US$103 million) through revolving loans at an average price of US$69,162 in the second half of last year, and then transferred WBTC to Binance in batches since March this year to sell and withdraw USDC for repayment. So far, 923 WBTC (US$92.26 million) have been sold at an average price of US$99,957. He still holds 553.8 WBTC (US$65.51 million). The current comprehensive profit on WBTC is as high as 55.62 million US dollars: the profit realized from selling this part is 28.42 million US dollars, and the floating profit from the part that has not been sold is 27.2 million US dollars.