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May 28, 2026
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Arkham sells 395 wrapped bitcoin for $26.5M after 5-month hold

Four wallets, potentially linked to the same entity, sold 395 Wrapped Bitcoin (WBTC) for $26.5 million at an average price of $67,063 approximately five hours ago, resulting in a loss of $18.68 million after holding the asset for five months since swapping it for $WBTC at $114,334. This sale reflects the ongoing tracking by Arkham, known for monitoring significant asset movements in the crypto market, particularly as the platform has adapted its trading operations toward a decentralized model in response to the competitive landscape.

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