Whale Deposits $21.73 Million WBTC to Binance Since August 10

A whale has deposited a total of $21.73 million in WBTC to Binance since August 10. This whale has been dollar-cost averaging into WBTC since 2022, accumulating through four addresses when the price was below $20,000, with individual purchases ranging from $20,000 to $30,000, executed in phases rather than daily. Due to the long time span, the exact cost basis cannot be accurately calculated, but it is generally in a profitable state. The most recent accumulation period was from January to April 2025.

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