PANews reported on May 14 that according to monitoring by Ember, in the past half hour, a whale withdrew 197.1 WBTC from OKX to an on-chain address, sold them at a price of $103,697 for $20.444 million USDT, and then transferred the USDT back to OKX, apparently completing a short-term arbitrage operation.
Whale sold 197 WBTC on the chain and cashed out $20.44 million
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