en.bitcoinsistemi.com
The leading cryptocurrency, Bitcoin, exceeded its $ATH of $69,000 in November 2021 in March. At this point, while $BTC was running from record to record, $ 73,000 was exceeded during the day and $BTC $ATH was renewed.
While new ATHs continued to arrive in Bitcoin, whales, taking advantage of the rise, started to sell profits.
According to Lookonchain's post, before the $BTC price exceeded $73,000, a smart whale using the address “bc1pj…” deposited 100 $BTC (worth $7.22 million) to Binance to make a profit.
With this sale, Balina made a total profit of 217 million dollars and attracted great attention in the market and among investors.
The whale, which started accumulating $BTC on August 24, 2023, purchased 8.5 thousand $BTC (worth $279 million) from Binance at an average price of $32,854.
The total profit of the whale, which currently holds 4.3 thousand $BTC ($313 million), is 217 million dollars.
“Bitcoin price just surpassed $73,000!
We share the smart whale who earned approximately $217 million in $BTC and currently holds 4.3 thousand $BTC ($313 million)!
This whale deposited 100 $BTC ($7.22 million) to Binance 3 hours ago to make a profit.
Whale started accumulating $BTC on August 24, 2023, withdrawing 8.5 thousand $BTC (worth $279 million) from Binance at an average price of $32,854.
He then deposited 4.3 thousand $BTC ($183 million) on Binance at an average price of $43,534.
The whale currently holds 4.3 thousand $BTC ($313 million) and its total profit is approximately $217 million!”
Bitcoin continues to trade at $73,122 at the time of writing.
The #Bitcoin price just topped $73,000!
Sharing a smart whale who made ~$217M on $BTC, and currently holds 4.3K $BTC($313M)!
He deposited 100 $BTC ($7.22M) into #Binance 3 hours ago to take profits.
He started accumulating $BTC on Aug 24, 2023 and withdrew 8.5K $BTC($279M)… pic.twitter.com/8MG3thpg35
— Lookonchain (@lookonchain) March 13, 2024
*This is not investment advice.