Ethereum Whale Withdraws 120 WBTC ($7.8M) from Exchange in 24 Hours, Expands $156M Portfolio

According to Ai Yi, a large Ethereum whale withdrew 120 Wrapped Bitcoin (WBTC) from a cryptocurrency exchange in the last two hours, transferring approximately $7.8 million to a private wallet. This move continues the investor's aggressive accumulation strategy throughout July.

Since the beginning of July, the whale has purchased a total of 59,404.19 ETH and 820 WBTC, with a combined portfolio value of approximately $156 million at current market prices. Ai Yi's data shows the average acquisition cost for ETH at $1,742 per coin and WBTC at approximately $64,329 per coin, generating an unrealized profit of approximately $8.93 million.