A wallet address deposited 80 WBTC and 6,100 ETH to a centralized exchange (CEX) about four hours before the report, in a move flagged as a possible capitulation sale. According to BlockBeats On-chain Detection, the address 0x691…5FfF2 transferred the assets, which were estimated at $15.21 million at the time of deposit.
The monitoring data indicated the tokens were accumulated around the market peak in mid-October last year. The address’s holdings were reported to have declined by 44%, with an estimated loss of $20.05 million.
Whale Deposits WBTC and ETH to a Centralized Exchange After 44% Portfolio Decline
2026-06-08 12:24:09
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
