Bitcoin Cash (BCH) Price Reclaim $600 after Ethereum ETF App

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Bitcoin Cash (BCH) Price Reclaim $600 after Ethereum ETF Approval? Bitcoin cash price rebound 5% to reclaim $490 on May 24, recent movements observed among BCH whales suggests more upside could follow.

Bitcoin Cash (BCH) Price Reclaim $600 after Ethereum ETF Approval? Bitcoin cash price rebound 5% to reclaim $490 on May 24, recent movements observed among BCH whales suggests more upside could follow.

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A position trader has booked an estimated $13.2 million (345%) profit in seven months of buying and holding patiently. Render (RNDR)—this position trade’s cryptocurrency, became known as the “Nvidia of crypto”—creating a decentralized network of GPU rendering. Notably, SpotOnChain reported the seven-month position trade that started with a 1.69 million RNDR purchase on Coinbase. The withdrawals happened between November 2 and November 10, 2023. At that time, this position was valued at around $3.83 million, with Render priced at $2.265 on average. This trader became dormant for seven months after building the position, waiting patiently for the best time to sell. Interestingly, the whale missed Render’s price top in March but remained still even during a significant crash in April.

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