A long-dormant Bitcoin whale just made 230% profit when he liquidated his holdings. The whale cashed out $12.18 million by moving 203 BTC to Binance late on Friday, according to data from Lookonchain.
Data reveals that the whale split his wealth among seven wallets after purchasing it for $5.29 million for four transactions. Interestingly, he paid an average of $26,047 for his baggage between March 10 and August 7, 2023.
Even after the initial pre-bull run climb beyond $73K, he had hung onto the tokens. Nevertheless, the whale finally sold the 203 BTC on Friday, 13 months after his previous purchase, for over $60,000, making a profit of $6.89 million. Bitcoin grew 232% from the time of purchase to the time of sale.
7 wallets that have been dormant for over 1 year (likely belonging to the same whale) deposited 203 $BTC($12.18M) into #Binance 6 hours ago for a profit of $6.89M!
This whale bought 203 $BTC($5.29M) at $26,047 between Mar 10 and Aug 7, 2023.https://t.co/9YGxPV
We współpracy z: https://www.thecoinrepublic.com/2024/09/15/bitcoin-whale-cashes-out-big-what-next-for-btc/
