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One Address Sells 58.57 Wrapped Bitcoin Valued at $4.78 Million

The sale took place over eight hours, with an average price of $81,620 per token.

Mentioned assets
A metallic token slides out of a clear sleeve. / TokenPost.ai
A metallic token slides out of a clear sleeve. / TokenPost.ai

An address sold 58.57 Wrapped Bitcoin (WBTC) over an eight-hour period on Tuesday, Oct. 20. The tokens were valued at about $4.78 million, and the average sale price was $81,620 per token.

Wrapped Bitcoin is backed one-for-one by Bitcoin (BTC) and is used in on-chain trading and lending.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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