Last year, whales that accumulated WBTC have gradually taken profit, selling more than half of their holdings.

Odaily News According to @EmberCN monitoring, last year a Whale/institution accumulated 1,495 WBTC at an average price of $69,162 and today continues to take profit, transferring 50 WBTC (worth about $5.41 million) to Binance about two hours ago. So far, it has sold a total of 773 WBTC (for about $74.58 million), with an average transaction price of about $96,481, and currently still holds 703.8 WBTC (worth about $75.95 million).

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