# One Address Sells 58.57 Wrapped Bitcoin Valued at $4.78 Million By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/36056 Published: 2026-10-20T22:44:55.000Z Updated: 2026-10-20T22:44:55.000Z Section: Investing > The sale took place over eight hours, with an average price of $81,620 per token. 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. ## Links in this article - [Wrapped Bitcoin](https://www.tokenpost.com/news/technology/34000)