ChainCatcher report: According to on-chain analyst Ai Yi, a new address (0x44f...8C91A) sold 886.31 WBTC over the past five hours, worth $58.53 million, at an average selling price of $66,044.99. The funds were transferred via the Defiway cross-chain bridge six months ago and were consolidated from dozens of addresses six hours ago before being sold.
Address sells 886.31 WBTC worth $58.53M
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Summary
A new address (0x44f...8C91A) sold 886.31 WBTC, worth $58.53 million, over five hours, at a crypto price of $66,044.99 per coin. The funds were transferred via Defiway six months ago and consolidated from multiple addresses six hours prior to the sale. This movement occurs amid a Fear & Greed Index reading near "Extreme Fear," as large holders continue to sell off their positions.
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