An address tracked by on-chain analyst Ai Yi sold its entire 112.86 WBTC position at a loss, closing a trade that began on April 14 with an average entry price of $71,655 and a total cost of $8.08 million. The holdings were once up by more than $1 million in mid-May, but the wallet exited in batches on June 16 and seven hours ago at $64,723. The round trip left the asset down 10% over two months and locked in a realized loss of $782,000, PANews reported on June 20. The trade illustrates how quickly unrealized gains can reverse in volatile crypto markets, where large holders often scale out of positions rather than sell in a single transaction.