This whale has a capital of $39.9k and made a profit of $240M from just one big transaction. What do you think is the secret to their success? 🧐 Discuss together in the comments column! And let's learn together so you don't miss a golden opportunity like this! #pengu
🔽 In the last 24 hours, 223,960 traders were liquidated
💱 The total liquidation volume reached $559.15 million. The largest single liquidation order was recorded on Binance — ETH/USDT for $4.57 million.
🕯 Most positions were liquidated in long trades. It seems many were betting on endless growth and positivity, but just in the last 4 hours, $205,000,000 worth of positions were liquidated from the market. $BTC $ETH $SOL #CryptoExplorerFiesta
Trader turns $865 to $6.4 million trading Chill Guy meme coin
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Hacker Sentenced For Stealing, Laundering Almost $11 Billion Worth Of Bitcoin
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Crypto whale rakes in $180 million after holding BTC for 14 years
A crypto whale has shocked the global crypto market by awakening from a 14-year snooze to cash in on its long-term BTC holdings.
The crypto whale in question has been holding Bitcoin since 2010 and mined his Bitcoin assets when the crypto asset had no value.
The crypto whale attracted attention when it started depositing BTC assets to various crypto exchanges.
These transactions were picked up by Spot On Chain, a popular analytics platform, which shared its findings with its X community.
“Yesterday, a Satoshi-era Bitcoin wallet holding 2,000 BTC ($178M) woke up after 14 years of dormancy!
In the past 24 hours, this wallet has deposited all its BTC to exchanges, including: • 1,038.87 BTC ($92.93M) to #Coinbase • 591.46 BTC ($52M) to #BitFlyer
369.66 BTC ($33.04M) to #Bitstamp” , Spot on chain tweeted.
The whale in question mined the BTC holdings in the early days of crypto known as the Satoshi era. The price of Bitcoin was almost zero at that point and the mining block reward was 50 BTC.
Today, Mining block reward is at 3.125 BTC indicating how long the whale has been holding the token. BTC
The Bitcoin whale was discovered when it began depositing all these cryptos on popular crypto exchanges like Coinbase, Bitstamp, and BitFlyer, gaining everyone’s attention.
Crypto trading and the art of HODL Crypto trading has a lot to do with timing and patience. The crypto whale in question here practiced a popular crypto strategy known as HODL. It simply refers to acquiring crypto assets and holding them for a very long time.
In the case of the crypto whale here, he held his Bitcoin assets for 14 years witnessing the asset blow up in value including crossing an all-time high this month.
Bitcoin’s November Rally Insight Bitcoin has enjoyed a solid November month outperforming the so-called Uptober month of expected surges. In the first week of November, Bitcoin smashed its all-time high of $73,737 following a Donald Trump victory in the polls.