This Bitcoin Whale Is a Real Bull: He Had $33 Million in Profit, Bought More Today
The whale has bought 1,368 Bitcoins since July 4, making an unrealized profit of $33 million.
According to data provided by on-chain analytics platform Lookonchain, a whale bought another 75.8 BTC (worth $6.94 million) on November 18.
This whale has accumulated a total of 1,368 BTC ($125.5 million) since July 4, and currently has an unrealized profit of $33 million under current market conditions.
Transactions of this magnitude attract the attention of investors due to their impact on the market and possible price movements. The whale’s aggressive accumulation strategy also demonstrates his confidence in Bitcoin and his long-term expectations.
Investors are eagerly following how such moves will shape Bitcoin’s price trends.
According to CoinGecko data, Bitcoin, which has increased by 1.2% in the last 24 hours, is traded in dollars at the time of writing.