A whale sold 285.8 BTC 2 hours ago and made a profit of $10.58 million

Bitget App

Trade smarter

Cointime2024/03/04 13:58

By:Cointime

Blockchain analyst Yu Jin monitored a whale who purchased a total of 285.8 BTC from exchanges such as Binance, OKX, and Kucoin at a cost average of $28,040 per BTC from July to November last year, buying several to a dozen BTC every few days. As BTC prices surged past $65,000 once again, the whale transferred all 285.8 BTC ($18.6 million) to Binance two hours ago, concluding the 7-month long BTC investment and expected to profit $10.58 million (+132%).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

The crypto market has been on fire lately. With the spotlight shifting to new and innovative blockchain projects, everyone’s eyes are on which cryptos will make waves this year.Bitcoin Cash: A Missed Opportunity for Significant ReturnsQubetics: Revolutionizing Digital Finance with Real-World Asset TokenizationConclusion: Time to Act on Qubetics

Coinomedia•2025/03/16 14:33

BTC Short Position by ETH Whale Nears $332M

A crypto whale boosts their BTC short position to $332M, facing losses and potential short squeeze risk.Whale Boosts BTC Short Position Amid Market VolatilityRisk of Liquidation LoomsStrategic Buy Orders Placed

Coinomedia•2025/03/16 14:33

Pakistan Launches Crypto Council Led by Finance Minister

Pakistan forms Crypto Council to boost blockchain and crypto adoption, chaired by Finance Minister Muhammad Aurangzeb.Pakistan Takes a Bold Step Toward Crypto AdoptionFinance Minister to Lead the InitiativeFocus on Innovation and Financial Inclusion

Coinomedia•2025/03/16 14:33