$349M WBTC moved off a 29‑day‑old wallet – the single largest tracked whale move on‑chain right now.

The counterparty 0xbbbb…ffcb received $349.47M in WBTC on Ethereum in one sweep. The trace shows the wallet first went active only 29 days ago, yet it has already racked up 16,189 transfers across a tiny network of just 8 distinct peers, hopping between Ethereum and Base.

WETH dominates its volume and roughly a quarter of its history is in stablecoins – a profile that usually reads as active DeFi infrastructure, not a long‑term hodl vault.

Within the traced depth the funds never touched an exchange, mixer, bridge or sanctioned address. They stayed in what looks like self‑custody or a DeFi leg. While WBTC exchange flows over the last 24 hours lean toward distribution ($20.26M in vs $3.99M out), this particular move did not feed that inflow; it stayed off‑venue.