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A whale sold 553.3 WBTC that he had held for a week, making a profit of $2.47 million

A whale sold 553.3 WBTC that he had held for a week, making a profit of $2.47 million

CointimeCointime2024/12/05 14:56
By:Cointime

According to Chainalysis analyst Yu Jin, a whale who purchased 553.3 WBTC at an average price of $96,966 a week ago sold these WBTC at an average price of $101,437 five hours after BTC broke $100,000, earning $2.47 million in profit. In the past two months, he has made three waves of BTC, earning a total profit of $18.16 million (of course, if he had held it instead of making waves, his profit would have been $26.48 million). In addition, he transferred a total of $10.39 million USDT to Bitget in the past three days.

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