Author: Elena R Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
Sep 3, 2024 12:59
Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
During the late Asian trading hours, a whale withdrew 1,100 BTCs from Binance. Reportedly, this whale is known for smart buying Bitcoins at a low price and selling at a high. It accumulated 2,947 BTCs between November 2023 and January 2024 with an average price of $44,300. With a calculated research it sold 315 BTCs between March and August with an average price of $60,384. The whale currently holds 3,823 BTCs worth $227 Million and has made a profit of $61.8 Million, or +34%.
Source: https://coinpedia.org/crypto-live-news/bitcoin-dump-alert-bitcoin-whale-withdraws-1100-btcs-records-profit-of-62-million/