The Whale That Bought $195 Million in Bitcoin (BTC) at the Beginning of the Year Made Its New Move!

While the Bitcoin price continues to hover above $60,000, albeit with difficulty, the transactions made by some large crypto whales are drawing attention. According to Onchain data, a large crypto whale recently moved 119 $BTC worth $7.14 million to #Binance

This whale had previously purchased 3,409 Bitcoins worth $195.4 million on Binance at an average price of $57,319 on December 1, 2023.

The whale has sold 320 BTC at an average price of $61,192 so far and received $19.59 million in return. The whale currently has 3,089 BTC worth $186 million. The amount of profit so far, including those that have not been realized, is $10.5 million.

On the other hand, seven more cryptocurrency wallets that had not touched any $BTC assets for about a year have started to take action. These wallets, which probably belong to the same whale, recently transferred 203 BTC, or $12.18 million, to Binance. This whale purchased these BTCs for an average of $26,047 between March 10, 2023 and August 7, 2023.
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