According to AI aunt's monitoring, the giant whale 0x3c9...8f757 cleared the WBTC built up over the past 10 months six hours ago, with a total profit of about $14.26 million.Starting from October last year, he withdrew 618 WBTC in batches from Binance, with an average price of only $39,899; and gradually reduced his position after BTC reached a new historical high, with an average selling price of $62,921, selling tokens worth a total of $38.89 million.

According to ai_9684xtpa monitoring, WBTC is currently supported on Ethereum/Base/Kave/Osmosis/Tron networks, with Ethereum mainnet accounting for as high as 99.8% of minting. As of today, 154,726 WBTC has been minted (worth $9.45 billion), accounting for 0.78% of Bitcoin's total market value. According to Dune panel data, over 41% of WBTC is used for lending ecosystems, with MakerDAO being the largest use case (acceptance merchant), and nearly 32% is used for direct trading.

Jupiter co-founder meow published a "Letter to the New and Old Custodians of WBTC" on social media, stating that "Bitgo was chosen as a partner when the WBTC project started a few years ago because we believe that it is most critical to have a partner who is fully focused on custody to keep Bitcoin." "But the most important thing is that under no circumstances should the Bitcoin behind WBTC be used for any purpose. I do not intend to make any judgments about Bitgo, they have indeed been an excellent custodian so far, and I believe they have the best intentions."Meow believes that it is crucial for WBTC, the entire DeFi ecosystem, and Bitgo/Bitglobal to clarify a few things immediately: 1. Who exactly is part of the multi-signature holding BTC? 2. Will BTC be used for any purpose? 3. What are the benefits of this cooperation for both parties, and is it beneficial for TRON to adopt WBTC? 4. How exactly does cross-jurisdiction help? 5. Is it possible to have a very respected independent party join the multi-signature group and act as both a communicator and a signer?"

According to the official BitGo blog, BitGo and BiT Global are creating a joint venture to diversify WBTC's custody and cold storage businesses across multiple jurisdictions, and BitGo will become a minority shareholder in the new joint venture. The custody change will be seamless and transparent to the WBTC community, with a transition period of 60 days. The new solution will use the same BitGo multi-signature technology and cold storage technology that has been used to protect Bitcoin since 2019.It is reported that BiT Global is a regulated trust and company service provider (TCSP) headquartered in Hong Kong, which has a strategic partnership with Justin Sun and the Tron ecosystem.

According to The Data Nerd, Wintermute deposited different assets into Binance's address 3 hours ago, including:

Blockchain analyst Yu Jin has reported that a whale is selling WBTC on the chain. In the past 20 minutes, the whale has sold 500 WBTC (worth $28.42 million) at a price of $56,856. The whale previously sold 500 WBTC (worth $33.64 million) on March 15th at a price of $67,283 and bought back 500 WBTC (worth $30.76 million) on April 18th at a price of $61,436. They currently hold 653 WBTC (worth $37.13 million).

Lookonchain has monitored that a whale bought $8.58 million worth of WBTC today at an average price of $51,797. The address previously purchased 4,913 ETH (worth $13.7 million) at an average price of $1,262 between December 13 and December 20, 2023, and 186 WBTC (worth $9.64 million) at an average price of $17,346. The current profit is approximately $13.9 million.

According to on-chain analyst @ai_9684xtpa, Abraxas Capital deposited 390 WBTC to Binance at an average price of $43,793 nine hours ago, worth $17.08 million. If all sold, it would result in a loss of $756,000. The funds were transferred from Binance on January 2nd at a cost of $45,734.

According to on-chain data analyst @ai_9684xtpa, on January 13th, Abraxas Capital transferred 390 WBTC to Binance from a related address 9 hours ago, worth $17.08 million. If sold entirely, there would be a loss of $756,000. The funds were reportedly transferred from Binance on January 2nd at a cost of $45,734.

According to on-chain analyst @ai_9684xtpa, the smart money address that accumulated 1593 WBTC in the past nine months has sold 579 WBTC in the past month, earning $4.56 million, with the remaining portion floating at a profit of $9.06 million. 10 hours ago, the address withdrew 279.85 WBTC (worth $12.98 million) from the lending protocol Radiant Capital and deposited it into Binance, earning $2.62 million.