Anonymous Crypto Whale Bought Large Amount of WBTC Amid Debate Over Ownership Structure

An unknown crypto whale reportedly purchased a large amount of wrapped Bitcoin (WBTC) last week.
On the 19th, X (formerly Twitter) posted that an unconfirmed wallet address had purchased 347 WBTC, totaling 1,953
The wallet in question holds 1,953 WBTC.
WBTC is now worth approximately $118 million and was purchased at an average price of $58,853.
The massive purchase comes amid controversy over WBTC's ownership structure, with BitGo, the team that created WBTC, pledging a controlling stake to Hong Kong-based investment firm BitGo.
The company announced plans on the 9th to move the site to a joint venture consisting of management company BitGlobal and Justin Sun's Tron.
On the following day, the 10th, cryptocurrency risk management company Block Analytica (BA)
A proposal to ban new lending collateralized by WBTC was posted on the AkerDAO governance forum, and the proposal was implemented on August 16.
Aave also plans to offer an alternative to lending and borrowing using Threshold Network's TBTC instead of WBTC.
It was reported that there was.