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🚀😱The whale that bought Bitcoin 5.5 years ago woke up: 500 million dollars big profit😱🚀
Bitcoin continues to delight those who trust it for the long term. A whale who sold 30 million in 2018 appeared yesterday, 5.5 years later, and moved all his #BTC s to the #Binance exchange. Whale's profit is over 500 million dollars...
A whale who bought 30.4 million Bitcoins in late 2018, at a time when the periodic bear market was perhaps at its most severe, emerged 5.5 years later. Whale sent 8000 BTC to the Binance exchange.
Bought it for $3800
Bitcoin, which reached a 20,000-year record at the end of 2017, then entered a long and harsh 3-year monthly season. The whale waiting for the declines sent the 8000 BTCs purchased on December 6, 2018, to the Binance exchange 5.5 years later, most likely for profit. If whale sales are stopped, the profit will be 505 million dollars.
Miners started selling
On the other hand, Julio Moreno, research officer of on-chain data tracking platform CryptoQuant, touched upon the recent sales:
“Yesterday (March 10), we witnessed the largest daily miner sell-off since March. Some large companies sell to cover expenses. However, these sales are made through OTCs, not stock exchanges.”
Therefore, Moreno ensures that this sale of 8000 BTC is kept by a miner.
