A major whale liquidated its entire position of 5809.8 XAUt today, making a profit of $5.18 million, thus offsetting its losses on BTC.

CoinFeed reported on March 9th that, according to on-chain analyst Yu Jin, a whale who bet $54.63 million on "digital gold BTC" and "real gold XAUt," after liquidating its BTC holdings in mid-January, sold 5809.8 XAUt at $5130 per BTC just three hours ago (worth $29.81 million). Now that both positions are liquidated, the whale has lost $5.15 million on digital gold and made a profit of $5.18 million on real gold. In the end, it broke even: It spent $30 million to buy 264.8 WBTC at $113,262, and sold them at $93,844, incurring a loss of $5.15 million. It spent $24.63 million to buy 5809.8 XAUt at $4239, and sold them at $5130, making a profit of $5.18 million.