Whale Nets $200K Profit Selling $8.9M in WBTC

Edgen Crypto

·Mar 06 2026, 02:32

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Key Takeaways

A single crypto whale executed a rapid and profitable trade, selling $8.9 million in Wrapped Bitcoin (WBTC) for a $200,000 gain. The transaction, completed within three days, highlights sophisticated short-term trading tactics and successful capital rotation from a previous position.

A whale sold 125.9 WBTC for approximately $8.9 million, securing a profit of about $200,000.
The position was held for only three days, with the initial purchase made on March 3, 2026.
This trade was funded by a previously successful sale of XAUt, increasing the trader's capital from $8.1 million to $8.9 million.

Whale Sells 125.9 WBTC for $8.9 Million

An on-chain transaction shows a prominent crypto whale sold 125.9 Wrapped Bitcoin (WBTC) for approximately $8.9 million, realizing a profit of around $200,000. The trade, flagged by on-chain analyst @EmberCN, represents a successful short-term position in one of the market's largest Bitcoin-pegged assets. While the transaction is significant in scale for a single trader, its direct impact on the broader market is expected to be limited unless it triggers wider selling from other large holders interpreting the move as a local price peak.

Trader Turns Capital from $8.1M to $8.9M

The profitable WBTC sale was the culmination of a multi-step trading strategy executed with precision. The whale had acquired the 125.9 WBTC on March 3, 2026, just three days prior to the sale. This purchase was funded with proceeds from a previous profitable trade in XAUt, a gold-backed token. This sequence demonstrates a clear pattern of successful capital rotation, methodically growing a starting capital base of $8.1 million to the current $8.9 million through a series of well-timed trades.