Having successfully found the bottom and top, the Bitcoin (BTC) whale took action to sell.
According to data provided by the on-chain analysis platform Lookonchain, the whale, which has been dormant for 5 months, has taken action to sell Bitcoin.
Current data revealed that the whale in question sold 200 BTC worth $11.6 million on September 17.
The same whale had previously made millions of dollars in profit by successfully buying Bitcoin at the bottom and selling at the top.
After the sale, the whale was left with 2,800 Bitcoins worth $164.4 million. The whale's total profit from his latest Bitcoin investment exceeded $168 million.
The Bitcoin address that performed the transaction was recorded as “bc1pj… 526y7h5prd….
According to CoinGecko data, Bitcoin, which has increased by 1% in the last 24 hours, is traded at $58,234 at the time of writing.
Stay tuned for new information.
