The smart giant whale, which earned more than 1 billion dollars by selling its Bitcoins during the rise in 2023 and 2024, returned to the markets again.
The whale, who bought 6,070 Bitcoins worth $395 million during the last market decline after 1.5 years, deposited 1,200 BTC worth $73.44 million to Binance a few hours ago.
According to Arkham data, this whale with the address “3G98jS…NvHkhN” transferred 1,200 BTC to Binance. The smart whale bought these BTCs and more from OKX and Binance a week ago.
This whale also holds 10,149 BTC worth approximately $622.46 million.
“This smart whale deposited 1,200 BTC ($73.44 million) on Binance.
If he sells, he will lose $4.57 million.
He currently holds 10,149 BTC ($622.46 million).”
Lookonchain believes that this whale bought 41 thousand BTC worth approximately $ 794 million in the 2022 bear market at an average price of $ 19 thousand, and sold 37 thousand BTC ($ 1.74 billion) at an average price of $ 46.8 thousand in the rise in 2023-2024, making it more than $ 1 billion. He reminded me that he made a lot of profit.
Bitcoin continues to trade at $61,626 at the time of writing.
This smart whale deposited 1,200 $BTC($73.44M) into #Binance 45 minutes ago.
If he sells, he will lose $4.57M.
He currently holds 10,149 $BTC($622.46M).https://t.co/VWgcfiOpxU pic.twitter.com/bY8UmggLBR
— Lookonchain (@lookonchain) June 27, 2024
*This is not investment advice.
