Bitcoin whale has taken a substantial financial hit following a recent liquidation of $18.25 million worth of Bitcoin. The sale comes after a tumultuous period for the cryptocurrency, marked by sharp market fluctuations and a notable drop in Bitcoinâs value earlier this month.
The Whaleâs Investment and Loss
According to data from cryptocurrency analytics firm Look on chain, the whale initially acquired Bitcoin worth $54.6 million at a price of $63,878 per coin last month.·
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