Bought at $26,000, sold at $60,000

According to data compiled by Lookonchain, 7 wallets that have been dormant for more than a year and are thought to belong to the same person deposited 203 BTC worth $12.18 million to Binance. The investor, who bought these BTCs for an average of $26,000 between March and August last year, cashed out when the price reached $60,000 and made a profit of approximately $7 million.

A “swing trader” who usually holds positions for a few days to a few weeks and aims to profit from price fluctuations also sold 205 BTC worth $12.4 million when the price exceeded $60,000.