THIS WHALE IS MAKING INCREDIBLE TRANSACTIONS!
Bitcoin Whale Who Has Been Buying and Selling Since 2022 Has Earned Nearly $100 Million
A smart whale sold 680 BTC ($38.77 million) 5 hours ago!
According to the information shared by the on-chain and analysis platform Lookonchain, this whale has purchased a total of 4,562 BTC ($120.66 million) since December 8, 2022. These purchases were made at an average of $26,449. The whale then sold 3,938 BTC ($181 million) at $45,966, making a huge profit. As of now, the whale still has 624 BTC ($35.65 million) in his wallet.
Earned Nearly $100 Million
This remarkable series of transactions shows that the whale has made a total profit of $96 million. Such large transactions can cause significant movements in the market and cause fluctuations in the price of Bitcoin.
Large investors closely follow market conditions and make strategic purchases and sales, which provides them with high profits. The critical role played by whales in the cryptocurrency market is once again revealed by such transaction examples. It is important for investors to determine their strategies by considering such effects on the market. The movements of whales should be monitored carefully, especially during periods of high market volatility.
