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[Whale Deposits 195 WBTC to Binance, Suspected of Reducing Holdings] On-chain analysis shows that a whale who spent $38.16 million building a WBTC position over the past month deposited 195 WBTC to Binance 4 hours ago, valued at approximately $17.05 million. Three weeks ago, the whale was suspected of selling 245 WBTC, which would have yielded a profit of $325,000 if sold. Currently, 200 WBTC remain, with an unrealized profit of $389,000. During this period, the price of WBTC once surged to a high of $94,555.

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