A whale who bought the dip on WBTC two years ago has once again increased their position by acquiring an additional 99.9 WBTC.

BlockBeats News, December 24, according to on-chain analyst Auntie Ai (@ai_9684xtpa), address 0x44e…33B1D accumulated WBTC at a dip two years ago, with the coin price dropping to as low as $29,775. Two hours ago, this address withdrew 99.9 WBTC ($8.68 million) from Binance, raising the average cost of the 173.5 WBTC held to $62,703, currently unrealized gains of $4.232 million.

Currently, he has used the WBTC as collateral in Aave to borrow 2 million USDC, which was then deposited into Binance. It is unknown whether he will continue to buy in.