From November 6 to 8, the trader sold 619 WBTC ($46.44 million) at $75,029 and earned $8.85 million. However, soon after that, Bitcoin quotes broke through the $80,000 level. $ETH $SOL $BTC
Then the user bought 562 WBTC ($45.46 million) at $80,895 and sold them on November 19, when the price of the first cryptocurrency reached $93,050, for $52.3 million. Thus, he received $6.85 million in profit.
At the time of writing, digital gold is trading at $93,467, according to CoinGecko.
Earlier, Glassnode analysts said that Bitcoin has not yet reached the levels for hodlers to take profits.