Smart-Money BTC Whale Spends $9.83M to Buy 89.44 WBTC at $109,897 After $5.16M Short Profit

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COINOTAG reported on September 26 that on-chain analyst Ai Auntie (@ai_9684xtpa) identified an entity labeled “Smart Money” that, after profiting from short positions during the LUNA/UST collapse, allocated roughly 9.829 million USDT over a 30-minute window to purchase 89.44 WBTC at an average price near $109,897. The address had earlier realized about $13.293 million through targeted accumulation in BTC and ETH, and its most recent BTC drawdown occurred when spot levels were around $115,000. This on-chain evidence reflects sizeable capital redeployment and institutional-style position management rather than typical retail accumulation.

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Source: https://en.coinotag.com/breakingnews/smart-money-btc-whale-spends-9-83m-to-buy-89-44-wbtc-at-109897-after-5-16m-short-profit/