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A whale address has started gradually redeeming and selling the 9-month ETH and WBTC LP positions

A whale address has started gradually redeeming and selling the 9-month ETH and WBTC LP positions

2023/12/29 09:41

According to the residual monitoring, a whale bought 86.75 ETH (costing $1,672) and 541.3 WBTC (costing $28,615) between September of last year and March of this year using $30 million. They then deposited them into the Uniswap liquidity pool. After holding for 9 months, the address started gradually redeeming and selling from 10 days ago: currently, they have sold 94.2 WBTC and 6,819 ETH worth nearly $20 million. Currently, they still hold WBTC and ETH worth $23.3 million in the Uniswap liquidity pool.

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