A whale withdrew 2 million BGB from Bitget to an on-chain address
a chain analyst named Yu Jin reported that a whale transferred 2 million BGB (worth 6.9 million USD) to a blockchain address on Bitget one hour ago. The analyst speculated that if the whale used the entire 5 million USDC he transferred to Bitget 21 days ago (on November 21) to purchase BGB, then the whale's cost for BGB would be $2.5, and the current profit would be 1.9 million USD.
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.
You may also like
Ethereum’s Symmetrical Triangle: Key Resistance and Support Levels to Watch
XRP Bulls Eyeing $2.50 Resistance: Is a Breakout Coming Soon?
Crypto Shockwave: OM Token Crashes Nearly 90%, Triggers Trust Crisis:Deep Flaws in Token Governance?
The yield on the five-year U.S. Treasury note fell 15 basis points to 4.01%.
Trending news
MoreCrypto prices
More
