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Lazarus Group Cashes In On Massive WBTC Profit
In a recent transaction, the infamous Lazarus Group has reaped significant profits by selling 40.78 Wrapped Bitcoin (WBTC) for an astonishing $3.51 million, resulting in a substantial profit of $2.51 million after holding the asset for two years.
According to reports, the group purchased the WBTC worth 999,900 USDT at an average price of $24,521 back in February 2023. The extended holding period allowed them to capitalize on the significant market fluctuations and generate a substantial profit.
Source: https://cryptonewsland.com/lazarus-group-profits-2-51m-from-wbtc-trade-after-two-year-hold/
