The post WBTC Whale: Address That Bought 1074 WBTC Four Years Ago Deposits 5,000 ETH, Moves 13,403 ETH to Exchanges, and Sells 1,000 BTC for $107M appeared on BitcoinEthereumNews.com. According to on-chain analyst Ai Auntie, a wallet that bought 1074 WBTC at an average price near $10,708 four years ago transferred 5000 ETH to Binance around 10 hours ago, a move valued at about $15.36 million. In the last two weeks, the address deposited 13,403.28 ETH to exchanges, totaling roughly $41.06 million, while continuing to hold about 15,000 ETH. The same activity shows interaction with a Galaxy Digital–associated address, rendering immediate ownership attribution ambiguous. Public trackers indicate that the same address sold 1000 BTC at an average of $118,011 in July to take profit, realizing roughly $107 million. While the liquidity shuffling underscores active risk management and strategic redeployments across major venues, there is currently no confirmed linkage to the wallet owner, ensuring credibility and cautious interpretation amid evolving crypto markets. Source: https://en.coinotag.com/breakingnews/wbtc-whale-address-that-bought-1074-wbtc-four-years-ago-deposits-5000-eth-moves-13403-eth-to-exchanges-and-sells-1000-btc-for-107mThe post WBTC Whale: Address That Bought 1074 WBTC Four Years Ago Deposits 5,000 ETH, Moves 13,403 ETH to Exchanges, and Sells 1,000 BTC for $107M appeared on BitcoinEthereumNews.com. According to on-chain analyst Ai Auntie, a wallet that bought 1074 WBTC at an average price near $10,708 four years ago transferred 5000 ETH to Binance around 10 hours ago, a move valued at about $15.36 million. In the last two weeks, the address deposited 13,403.28 ETH to exchanges, totaling roughly $41.06 million, while continuing to hold about 15,000 ETH. The same activity shows interaction with a Galaxy Digital–associated address, rendering immediate ownership attribution ambiguous. Public trackers indicate that the same address sold 1000 BTC at an average of $118,011 in July to take profit, realizing roughly $107 million. While the liquidity shuffling underscores active risk management and strategic redeployments across major venues, there is currently no confirmed linkage to the wallet owner, ensuring credibility and cautious interpretation amid evolving crypto markets. Source: https://en.coinotag.com/breakingnews/wbtc-whale-address-that-bought-1074-wbtc-four-years-ago-deposits-5000-eth-moves-13403-eth-to-exchanges-and-sells-1000-btc-for-107m

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more